Hi mate, Yes i was working from memory, and thats not so clear sometimes, with GOS its in shares then. Yes and very true is the wait we are in for and thats until september for half year and some realtime results. That will give facts and a bottom line, thats when we know whats really been going on.
Yes. That's how I see it. I agree with Drif about borrowings being important, but the smelter royalty was bought back with shares in GOS not in cash. Year end is end of May (for the period to Decemeber 30th 2013) and we will show a loss for the period because everything happend in 2014. But half yearly results at the end of September will be a completely different ball-game with Chepica in profit in Q2. That's when I expect people to start taking notice. Meanwhile I'm tucking them away quietly.
Well you can keep your hands off my 7m! LOL Totally agree, I think this could be 1p by year end. FYI I took out my money from Clon when it collapsed from 4.75p to 1.75p. I put everything in here at .17p for 5m shares and .26p for 2m shares. Anyway best of luck to you and all other holders.
The company say $650k pcm profits (assume pre-tax) . Not sure why you are working on $950k.
No idea what the taxes/mining royalties are in Chile.
So - let's fag packet that.. 3580000000 Shares in Issue 500000 Post tax profits ($) pcm 6000000 Post tax profit ($) per annum 600000000 Post tax profits CENTS 0.167597765 Earnings per share (Cents) 0.24 Share price (PENCE) 0.36 Share price (CENTS) 2.148 P/E
Now - this IS NOT reality, as we have an anticipated profit from the mine NOT the company. Also we have monies to repay to 'buy' the mine. PLUS.. we have any development work (drilling campaigns) etc. SO...
My guess is that we will be cash neutral at best. Which is Fine by me as long as the cash is going on increasing the final value of the company - be that Potash drilling and studies, drilling and expanding Chepica reserves/resources, a.n.other project.
But those numbers above should give you a flavour of the financial worth of the mine. Just beware - those numbers are just fag packet, and assuming they happen etc etc
Lol sounds like we are both aspiring to the same thing...indeed if I hadn't invested my hard earned into the stock market I would have bought a house already but since I managed to make 100grand 40 grand Im hoping this and my remainig BMR come good....I own 10million of these presently and seriously considering topping up another 3million.
Well to make you feel better i did fill up recently and added a further 8m. I think its a crazy SP and im all in with 75% of my portfolio here, imcidently slightlly underwater also. If this makes a penny, this year, then it time for buying a house!
Very good to see a guy doing proper homework. I will add to that a very important extra figure is netdept is currently at $300,000, as i understand thats it! Some extra cash also came in from the buyback of a smelter royalty. About your figures Im not aware of all but your partly correct as I see it but i see that you have worked production figures out that are reallly high, I worked figures by month and have a figure of between $900k -$1m profit a month. There is also government licences, repayments and new equipment that I believe need to be paid for from this profit figure. Until we see some real figures we will all be guessing but it looks and smells good. Jump in and fill up, some posters here have really filled up.
Need a couple of good write ups or tipping from a value tipster to make people aware of this. Least it gives us the opportunity to top up at these levels. Another couple weeks at these levels will do me so I can free up more cash to pile in and make this share my main holding.
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