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Bobwins

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Bobwins

Re: Harry Wickey post# 5940

Tuesday, 09/29/2009 12:15:13 PM

Tuesday, September 29, 2009 12:15:13 PM

Post# of 7631
you are right. I must have not gotten enough sleep last night. Big goof. Your numbers look a lot better than mine!

Should bring in around 2 million a qtr cashflow. Second circuit would be 4million. X 4 = 16 million cashflow from the mine. Subtract 2.5 million for SG&A and you get 13.5million net before tax. You still have to subtract depreciation/depletion to get to net profit b/f tax.

Will be interesting to see first full qtr of results.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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