Tuesday, July 12, 2011 2:03:03 PM
Dan, i value all your posts... just wanted to clarify your remark from yesterday:
>We will have plenty of time to project our mountains of profits after we actually make it to production.
Yes, it will make more sense to delay any exorbitantly high-end "mountainous profit projections" until we're much clearer on whether AMY is actually planning to process 3.5k, 10k, 20k or 30k tonnes/day of ore throughput, and whether it's feasible for them to scale up even higher in subsequent years.
But certainly we can start making "reasonable, informed projections" before actual production based on the good possibility of 3.5k t/d or 10k t/d and even the 20k t/d (which is roughly equivalent to the mid-level "scenario #2" out of the 3 scenarios that AMY gives in their recent corporate slideshows.
Serious analysts in this junior miner sector do this forecasting of projections (well ahead of actual mine production) all the time, just like LBS's Jim Powell did in his research note on AMY (which conservatively assumed only 3.5k t/d and did not factor in any EMD or LMD production or any other base metals like the strontium found at Artillery Peak).... And, for another instance, you and i did a bit of this "future financial projections" via some back-and-forth emails between us when we were guestimating rough financial projections on BAJ copper with their Mexico mine being built over the next two years.
>We will have plenty of time to project our mountains of profits after we actually make it to production.
Yes, it will make more sense to delay any exorbitantly high-end "mountainous profit projections" until we're much clearer on whether AMY is actually planning to process 3.5k, 10k, 20k or 30k tonnes/day of ore throughput, and whether it's feasible for them to scale up even higher in subsequent years.
But certainly we can start making "reasonable, informed projections" before actual production based on the good possibility of 3.5k t/d or 10k t/d and even the 20k t/d (which is roughly equivalent to the mid-level "scenario #2" out of the 3 scenarios that AMY gives in their recent corporate slideshows.
Serious analysts in this junior miner sector do this forecasting of projections (well ahead of actual mine production) all the time, just like LBS's Jim Powell did in his research note on AMY (which conservatively assumed only 3.5k t/d and did not factor in any EMD or LMD production or any other base metals like the strontium found at Artillery Peak).... And, for another instance, you and i did a bit of this "future financial projections" via some back-and-forth emails between us when we were guestimating rough financial projections on BAJ copper with their Mexico mine being built over the next two years.
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