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Re: Congo Mining post# 34859

Wednesday, 07/01/2015 3:55:44 PM

Wednesday, July 01, 2015 3:55:44 PM

Post# of 63744
Congo. I was just using a worst case scenario that Namoya in the 2nd Q does not add to earnings at all and is accounted for in the "mine under construction" category. (Not that I understand this fully).

Worst case scenario is we have the same numbers we had last quarter in my opinion. However, that means another $.03 for a total of $.06 in the trailing 12 months (ttm). Pretty good for a $.30 stock. 5 x trailing PE.

I think the rest of the BAA efforts and attention would go towards the balance sheet IMO for the 2nd Q.

Enjoy the Ride!

Coach T

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