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 : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Cytotekk who wrote (29146)10/22/2002 11:23:35 PM
From: larry hart  Read Replies (1) | Respond to of 34075
 
Hey C!
I have some of old annie posts about GE

10 Sep 2002, 06:40 PM EDT Msg. 35482 of 35494
(This msg. is a reply to 35481 by ann483.)
Hi Ann, here are the numbers
you asked for, all based on .5 grams per ton, fixed annual costs of $15,932,108.00, and 25% Bolivian tax bite:
1) $325 POG X 483,859 0z.=$157,254,175 gross. less costs & taxes = $102,008,523 w/300M shs. = .34 PE X 20 = $6.80/sh.
2) $400 POG = $193,543,600.00, less tax & costs = $129,225,592 w/300M shs. = .43 PE X 20 = $8.60/sh.
3) $700 POG = $338,701,300.00, less tax & costs = $238,093,867 w/300M shs. = .79 PE X 20 = $15.80/sh.
4) $1,000 POG = $483,859,000.00, less tax & costs = $346,963,142 w/300M shs. = 1.16 PE X 20 = 23.20/sh.
regards............dooron

By: dgl $$$$
10 Sep 2002, 07:01 PM EDT Msg. 35486 of 35494
(This msg. is a reply to 35482 by dooron.)
dooron, I believe the Bolivian tax bite will be exempt, or at least a portion of it. I'll defer to Rod, Luvmygold or BF Deal for clarification.

By: rodsteel $$$$
10 Sep 2002, 07:46 PM EDT Msg. 35494 of 35494
(This msg. is a reply to 35486 by dgl.)
dgl - If I understand...

...the Bolivian exemptions, the gold recovered from the 1000 tpd plant is subject to an "exploration" exemption. However, the 11,000 tpd plant will probably be considered a production facility and subject to normal taxes.
Rod
By: dooron $$$$
10 Sep 2002, 07:16 PM EDT Msg. 35489 of 35494
(This msg. is a reply to 35483 by ann483.)
Ann, no the price would not reflect
"book value". It is "price to earnings", with a multiple of twenty years, hence a PE of 20 times earnings. Book value represents a companies real assets in cash, property, etc. after deducting all that they owe.....their "net worth", and dividing it by total shares outstanding. Hope this helps...........dooron

"Production at 1000tpd in September"