Replies to post #11645 on Petaquilla Minerals Ltd. (fka PTQMF)

[Lojiko]

Sounds like we're right on target (more or less). With CiC and CiP in place, we can expect an additional 6K ozs (maximum)on the Q2 (keep in mind, there are only 15 days left in Q2). So if they only achieve half that, that would be (3K ozs + the 18K ozs demonstrated from Q1) = 21K ozs ... both a little short of forecasts, but both also progress in the right direction.

Ha ha ha ... I hope whomever's selling keeps doing so, I'm buying! This is awesome. By the time the Q3 is released, we'll be well over 25K ozs/qtr (finally at an annualized rate of 100K ozs/yr) and well inot positive trailing EPS territory! :-)

[anski100]

With Heap Leaching we will have about 27k oz for Q3

27000oz * 1500$ per oz = 40.500.000$
minus Cost of sales 17.3mio$
minus depletion and amortization 7.3mio$
minus the things between operating profit and net income about 5mio$
gives me 10.9mio$ profit

that is not enough...