re: Ann: OceanaGold Posts Strong First Quarte... This should be generating per share net earnings of US70c plus in 2013 and subsequent years when Didipio is up and running.
Bernanke keeping up his antics and this margin could/should become even greater and could push the earnings skyward.
It is true that when converted back to AUD it will not be as attractive but even a $1.40 AUD conversion gives 50c per share.
It is really difficult to see the downside unless there is a catastrophe in one of the mines (or Didipio delay).
What share price this would convert to is anyone's guess.
Up 9c in early trade in Toronto is a good sign.
re: Ann: OceanaGold Posts Strong First Quarte... This should be...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)