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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: maxed who wrote (4045)7/18/1999 2:53:00 PM
From: VAUGHN  Read Replies (2) of 7235
 
Hello Eddy

I am not the financial wiz that Confluence, Russett, Gemseacher and a half dozen other posters on this thread are, but this is what my basic math suggests.

The simple facts:

Average value per tonne: $187.77
Average cost per tonne: ($ 90.00)
Average profit per tonne: $ 97.77

Assumed max. production rate: 1,500,000py
Projected max. gross profit: $147,000,000py

WSP Percentage of play: 57.3%

Projected WSP gross profit: $84,231,000py

Shares issued to date: 39,238,388

Max. potential projected GPPS: $ 2.15

Est. potential eventual NPPS: $ 1.35

Est. potential eventual undiluted share price: $6.00 - $15.00

Est. potential eventual diluted share price: $3.00 - $ 7.50

Value added for blue sky: $0

Just a very rough kick at the can.

Regards
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