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Re: wadegarret post# 27605

Wednesday, 11/19/2014 10:03:51 AM

Wednesday, November 19, 2014 10:03:51 AM

Post# of 30377
(edit) After taking a good look, here's an answer. If these margin prices held through the end of the quarter, we'd have Q1 2014 numbers again, only this time without the big hit from any FVA for all the outstanding warrants that were in play in Q1, as well as the impact of the substantially reduced interest payments.

If you need a reminder, that quarter saw a gross operating profit of $38.5M and a FVA hit of $35.8M. Plus, Madera wasn't online.

Does that answer your question?
:D

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