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Re: None

Friday, 01/11/2008 11:31:49 AM

Friday, January 11, 2008 11:31:49 AM

Post# of 115222
One thing I've noticed here is that some here say that Aurus was supposed to have had 700 million dollars in revenue for the year 2007, but if you read the PR that talks about that amount it says that it was for 2009, and 300 million was the expected amount for 2007.

However, they stated in later PR's that production exceeded their forecasts by 40% I believe, so that leaves us with 420 million dollars revenue for the year 2007.

Saying that costs and expenses are 70% of that, or 294 million dollars, leaves us with 126 million in profit for 2007. That gives us an earnings per share of 35 cents a share. Put us at an EXTREMELY conservative P/E ratio of 15, and we get that our shares are then trading at $5.27 a piece. Next thing is uplisting to the NYSE.

Ofcourse we won't know the truth though until the financials are released. But, this is reasonable speculation I think based on previous PR's.

"You don't want to sell me death sticks, you want to go home and rethink your life." Obi-Wan Kenobi