My projection of CMM 2nd Quarter Earnings .....
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ITEM QTR-1A QTR-2E
Oz Produced 18,943 24,000
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POG - USA $ 510 600
Conv Rate 1.1543 1.1543
POG - Canadian $ 589 693
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Canadian Dollars
Revenue 11,151,718 16,622,078
Other Rev 97,365 100,000
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Total Revenue 11,249,083 16,722,078
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Mining Operations 9,112,805 11,544,000
Cost per OZ 481 481
Royalty 66,300 99,732
% of Revenue 0.006 0.006
Depreciation 736,133 772,940
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Total COGS 9,915,238 12,416,672
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Gross Margin 1,333,845 4,305,406
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Admin Costs 692,140 730,000
Stk Comp 78,410 80,000
Exploration 0 0
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Total Oper Exp 770,550 810,000
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Earnings from Oper 563,295 3,495,406
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Interest On Notes 266,250 265,000
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EBT/Other/1Time 297,045 3,230,406
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AmotFinFee 1,081,620 0
Accre on CDebent 144,800 0
Interest CDebent 113,302 0
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Total 1 Time Charges 1,339,722 0
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EBT-and-Other (1,042,677) 3,230,406
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Unrealized Loss -133,763 -150,000
For Exc Gain/(Loss) -21,404 -50,000
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Sub Tot -155,167 -200,000
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EAT / (Loss) -1,197,844 3,030,406
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Shares 88,110,789 137,000,000
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EPS -0.01 0.02
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Omissions:
2nd quarter Exploration Costs
2nd quarter Tax Provision (not certain
if a provision is required) |
