Lithos Corporation (M.lts) Message Board

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Gold/Mining/Energy : Lithos Corporation (M.lts)

LTS 3.490

0.0%

Feb 14 4:00 PM EST

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To: Prospec1 who wrote (404)	8/29/1999 5:12:00 AM
From: Bob Fairchild	Read Replies (1) of 415

If we realize 30% profit from these operations that represents $45,000,000 X 30% = $13,500,000 profit/year With 36 million shares outstanding this represents a profit of .375 cents/share. If this is true, the shares are grossly undervalued. The nice thing about this operation is that demand is outstripping supply from what I have read. Also, there would be no limit to production capacity if the company decides to increase operations. Somewhere I read that they expect to double capacity to 1,500 tons/year in a few years. Thanks for the reply, Bob

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