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Share
15/07/08
16:42
Share
As long as the company produces and meets their target then there should not be an issue. Mine operating well thus far and confirmed by Bowerboy.
Below is an estimate to work out EPS for 7 months to December 2008.
This company is fundamentally sound, again as I have stated before hopefully the quarterly has good news.
estimated cost to produce 91c per pound which equates to $1820 per tonne
2008
30,000 tonne copper
27,000 tonne gold
300,000 silver
1,473,000,000 shares
est price $7900 @ 30,000 cop = $237,000,000
est price $800 @ 27,000 gld = $21,600,000
estprice $16 @ 300,000 Slvr = $4,800,000
Est gross revenue = $263,400,000
Est gross operating costs = $54,600,000
Revenue/revenue
EPS before cost over 12 months = 16cents/12 multiplied by 7 = 11 cents per share.
revenue - costs = $208,800,000
EPS before cost over 12 months = 15cents/12 multiplied by 7 = 8 cents per share.
2009
est price $7900 @ 60,000 cop = $474,000,000
est price $800 @ 60,000 gld = $48,000,000
estprice $16 @ 600,000 Slvr = $9,600,00
total = $531,600,000 gross revenue
works out to be 37 cents per share.
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