---------------------------------------------1998----------1999E -----------------third quarter--------fourth quarter---first quarter tonnage through put-----60,298----------82,594----------52,243 carats recovered-------207,551---------342,503---------173,631 grade(cpht)----------------344-------------415-------------252 Co. share of production-93,652---------137,001----------69,452 Revenue------------$20,652,000-----$23,588,000-----$12,223,552 net income---------$11,857,000---------$86,000------$4,300,000
Well maybe hold that 1st quarter. Earnings should pick up in the 2nd quarter as increased plant capacity will kick in. Hopefully M3 gravels will yeild good grades.
In the 3rd quarter SUF will benefit from 100% production returns from Klipspringer and 40% from Marsfontein. |