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Re: Teuchter post# 3398

Wednesday, 05/09/2012 11:07:26 AM

Wednesday, May 09, 2012 11:07:26 AM

Post# of 4675
Teuchter, i find your posts disingenuous. Why don't you start a Buchans board at IHUB and stop pushing that company here?

>the process is very similar to that used in most of the Chinese EMM plants that produce most of the world's EMM.

So that means that Buchans will likely incur the same high costs (minus duties) that the Chinese do and the same problem of toxic tailings that pollute the environment?
What about the fact that Buchans already has a significantly higher sharecount than AMY and yet is at least two years behind AMY in development?

Here's the rub: what will Buchans' net earnings per share (EPS) actually look like in 2 years? Likely zero. 4 years? Likely not more than 30 cents EPS, i surmise.

Whereas AMY should be in production in about 2 years and after first full year of production of EMM and EMD/LMD be generating around 80 cents to 1.20 or more in EPS, depending on the amount of LMD generated at those high profit margins.