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Sprycel

08/03/08 3:31 PM

#8886 RE: Bigpaulbunyon #8884

How big is the tax loss carryforward on the company books right now? Anyone have that number so we can see how long it is before we have to pay taxes on the profits being made??
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KingofPennies

08/03/08 5:52 PM

#8889 RE: Bigpaulbunyon #8884

It's over $100/ton. Here's the latest figures from the U.S. Government. http://www.eia.doe.gov/cneaf/coal/page/coalnews/coalmar.html

So, maybe you should take your figures and multiply them by 2.5

Also, try projecting your numbers for the other mines that will open and adding these numbers in. It seems you are basing all of your calculations on just this one start up.

With that, maybe multiply again by another 4 for a multiplier of 10. Then, $1-$2 becomes $10-$20 or much more.
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KingofPennies

08/03/08 5:58 PM

#8890 RE: Bigpaulbunyon #8884

Last Tuesday, coal prices in 2008 had nearly tripled to $275 a tonne from $93 a tonne in 2007.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31060954

Triple the numbers again and we see $30 - $60