mvded,
to express it in simpler terms, have a look at ABN Amro's ressearch on LAF:
http://www.lafayettemining.com/documents/ABN%20AMRO%20Research-121206.pdf
ABN Amro estimate that EPS in the first full year (FY07) of operation will be 2.23cps. That's after financing costs for the hedgebook, all the lines of credit and all costs.
As long as the company is covering its interest costs and repaying principle (which it is by producing output to offset the hedge book) and turning a decent profit, what is the problem??
EPS of 2.23c is after all costs!
no responsibility taken for accuracy of data. seek professional advice. DYOR
- Forums
- ASX - By Stock
- quarterly report ending december 31 2006
LAF
lafayette mining limited
mvded,to express it in simpler terms, have a look at ABN Amro's...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)