Per my prior post...BAA still makes $.03 EPS with gold at $1000. This is using the Q2 production which has already been confirmed by the company. Do your own due diligence...
AVERAGE PRICE OF GOLD Q2 $1,000
Q2 GOLD PRODUCTION 44,850
Revenue $44,850,000
Operating Expenses
Production Costs (43%) $(19,285,500)
Depletion and Depreciation (15.58%) $(6,984,939)
GROSS PROFIT FROM OPERATIONS $18,579,561
General and Admin (6.8%) $(3,049,800)
Share Based Payments (.00983%) $(440,876)
Other Charges and Provisions (.01815%) $(814,028)
NET INCOME FROM OPERATIONS $14,274,858
Finance Expenses (.14767%) $(6,623,000)
Foreign Exchange Gain/Loss $-
Interest Income/Loss $-
NET INCOME/LOSS $7,651,859
Weighted Average of Common Outstanding
Diluted 252,221,000
Net Income Per Diluted Share 0.0303
