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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS)
SWC 18.000.0%May 12 5:00 PM EST

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To: Sunny Jim who wrote (1061)1/27/2000 10:39:00 AM
From: Bob Howarth  Read Replies (1) of 1336
 
Live webcast at 12:00 noon EDT. Find on their website through investor relations + events.

Note that it is 31 cents + 4 cents for lower taxes. Tax rate for 2000 also at this lower rate.

They did 167/ounce profit. If they do 525,000 ounces in 2000, and make 200 / ounce instead (low end of productivity enhancement estimate) and they get 427 / ounce like they did in this quarter, then 2.50 for 2000 is a good earnings estimate. This is actually conservative as the low end of all parameters is assumed.
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