So given those numbers ...

17,000 tons/year  * 2000 pounds/ton = 34 Million
Price of copper = 3.43 - 1.20 (cost per pound) * 34 Mill = 75 Million /year profit.

VMS's share = 75 million * 30% = 22 Million per year.

Given VMS's market cap is 23 Million with cash in the bank, where is the risk?
Is this math some-what correct?