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This guy has a pretty good point about the third halving projection. If the 100k price is right MARA is going way further than is priced in now
https://www.google.com/amp/s/www.nasdaq.com/articles/bitcoin-will-rise-above-%2524100000-in-2021-2021-01-01%3famp
This also says when conservatorship ends or 60 days from posting...a hint that maybe it could exit conservatorship before the 60 days as well? If not why put that stipulation?
Looking good
Haha, with a P/E under 5 still? This stock is cheap!
I'm long BAA, but after production being down last quarter and the new issue with the mine being shut down for a few days I'm guessing this quarter will not look any better than last. I don't see PPS really taking off until they post positive EPS for two consecutive quarters.
I had moved by then, but I drive through the day after they had been put out.
That was suppose to say Bastrop.
Oh yeah, been through there. I lived in vast rip for a year.
As in the city of central? My parents are in Nacogdoches.
Sorry to hear about your family member Tex.
Exactly. Assuming a positive EPS from 1Q and I see this start moving steady up over the next year or so.
This is going to explode tomorrow. Hopefully we can break into the 30s now.
Sounds good!
Good to see gold staying 1200+ for sure.
Rex - im not going to be down houston way for a couple months it looks like, but I still want to link up sometime.
I'm near dallas, but I make it down toward Nachogdoches and Kingwood fairly often. Where are you exactly?
Rambler, PM me - im in Texas too and would love to do lunch or a beer and pick your brain if you are up to it. Thanks
Somehow my smiley face became two question marks haha
I knew you weren't, I just saw my mistake and adjusted. No worries??
Yep, I just adjusted it - 400mil shares not 250 outstanding.
Update:
At 50k oz production per quarter...
If POG goes up $100 an oz, an additional $5million in revenue is earned.
5mil is 500mil pennies - divided by 400mil shares gives you 1.2 cents EPS per $100 increase in POG.
So if third quarter we made .4 EPS (without impairment) and POG has gone up $200 then we should be looking at around .064 EPS going forward (not for 4Q of course).
.064 EPS times four is .256 EPS annually. 10x-20x P/E is then $2.56-5.12
So a target price at 1300 POG should be $2.5 - $5.12 Crazy!
Long BAA!!!
Report TOS
At 50k oz production per quarter...
If POG goes up $100 an oz, an additional $5million in revenue is earned.
5mil is 500mil pennies - divided by 250mil shares gives you two cents EPS per $100 increase in POG.
So if third quarter we made .4 EPS (without impairment) and POG has gone up $200 then we should be looking at around .08 EPS going forward (not for 4Q of course).
.08 EPS times four is .32 EPS annually. 10x-20x P/E is then $3.20-6.40.
So a target price at 1300 POG should be $3-6. Crazy!
Long BAA!!!
They are being reviewed late March for it, right after the 4Q financials are released. One of the factors is if the price is to low or increasing...so based on the last month and coming financials I think it is safe to say they will not be delisted. You can email the company and they will reply to your concerns - they did to me.
If it tracks at 3-4 cents eps for the next 4 quarters then the eps will be positive 12-16 cents. That's a fairly low estimate given production, eps without impairment charges this last year, and the rise in POG. Consider all of those and estimate a 15x EPS puts the sp at 1.80-2.40. To me that is the fair range of this stock. If gold really goes up or they open a third mine then several dollars is a reasonable price. We just have to let the next 3 quarters pass to knock the impairment charges off of the eps calculation and the hedge funds should start pouring in at that point. It's going to be a fun ride.
Haha, well said. I agree completely. Can't wait for this thing to hit multi dollar range. Good little boost to investment portfolio.
Spot on as usual rambler
Congrats! We are expecting #5 as well!
Has anyone heard about the possibility of delisting - I mean a time frame on it?
I'm long and that is currently my only real concern. I haven't heard anything about it other than remembering that it was around a March time frame that I thought it would come up again.
It was* on there today
It was not on there today. Look at the top - for some reason the news is by year and it lead me to 2015 by default. Look for that.
Thanks - go longs!
When is the pres con?
Agreed. The rate change isn't a huge change.
Countering the bad fed news with a puff piece to prop up share price. Smart move.
"Still putting baby in the corner". Hands down the best assessment of the current status of BAA.
Go longs!
Nothing, that's the long and short of it right there. Give it time and hold on. Go Longs BAA!
That's about what I am expecting too.
True. Thank you very much for the info.
What program do you use that shows you that? That is a good tool.
What would this make EPS for 3Q? Any reasonable estimates?
What day does the earnings report come out?