SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS) -- Ignore unavailable to you. Want to Upgrade?

To: Sunny Jim who wrote (1063)1/27/2000 1:28:00 PM
From: Bob Howarth  Respond to of 1336
 
Whoops. I forgot the 28% tax, which brings me down to 2 bucks / share using the conservative assumptions. I believe stock should be 25 times next four quarters estimate, which is 50. I think this price gap will be made up during the year as operations issues are cleared up and the Boulder project becomes a reality.

Caveat is if Russians, for gosh knows what reason, oversupply the market.




To: Sunny Jim who wrote (1063)1/27/2000 1:32:00 PM
From: Bob Howarth  Read Replies (1) | Respond to of 1336
 
On CC they said 55,000 ounces palladium, that they sold call options on, no way near 40%, and they do NOT plan any more hedging. No problem with margin calls possible since this is a "cash flow" hedge. I was not clear on what this meant unless they have the option of simply supplying the metal, which is what I think they mean.



HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News