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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: maxed who wrote (4045)	7/17/1999 12:28:00 AM
From: russet	Read Replies (1) \| Respond to of 7235

I for one wish they were a lot better. Would do wonders for our play at Munn. I hope we didn't go up today only because of the Winspear hype. russett, a bit worried

To: maxed who wrote (4045)	7/18/1999 2:53:00 PM
From: VAUGHN	Read Replies (2) \| Respond to 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