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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: maintenance who wrote (23929)8/4/1999 8:37:00 PM
From: russet  Read Replies (1) | Respond to of 26850
 
Just getting to that now. Could you expand the math on your revenue numbers?, what is the 7%?, how do you calculate your costs, expand the math on the G&A?, did you make an allowance for principle, interest, depreciation, site reclamation costs?,...if you did you might come closer to my $20,000,000 per year. In todays market, analysts seem to be looking at the liability side of the balance sheet closely and deducting those charges from the earnings before applying a market multiple.

The 48,000,000 shares is perhaps too low. We know they will likely go to the market for PP's a few more times for further exploration of Snap and to come up with their share of further development. I'm using 65 million shares. The declining share price may make the number of shares balloon.

After the above, we can scrap over the individual numbers. Think WSP can produce 363 days of the year, not many days for down time.

When is that MRDI study due,...be nice if we could use a higher tonnes per day number.

tia, russett