jim, it's probably safer to assume no profit last quarter, given what the broker says. It's also spending $52 million on new projects, plant and exploration in 07/08, so take off say $13 mil for that, and its more like $140 mil cash if you are lucky.
The price action so far today looks bearish to me-low volume and failure to decisively overcome $2.20 resistance. But anything can happen in this game-the coy might release an ann that things aren't as grim as some believe.
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