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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: hank2010 who wrote (25516)	11/15/2006 10:35:11 AM
From: TheSlowLane	Respond to of 78410

Hank - dunno about Brunswick M & S, that one doesn't ring a bell. Apparently they just announced a $10MM financing. The size of the projects they are working on are getting to be quite large. Their cash flows by the end of next year should be nice. Bob Brant posted this recently on the StockHouse board: The final qtr earnings should, as they have indicated, be slightly positive making this a good year with a final earnings loss aroung $0.02 a share. Now 2007, Wellington ORO will finally be commissioned and sold to the US EPA so minimal recurring fees. INCO and Jiangxi will be commissioned, with combined volumes approx. 3 times the total current capacity. La JoJoba, Lluvia De Oro and Andina will be under construction and their total volume will add another 50% to the total. Finally Peublo Viejo still waits for Barrick and holds a huge potential for BQE. Year end treated volumes (assuming mid year commissioning of new plants) 2005 2.1 billion litres 2006 3.5 billion litres 2007 8.5 billion litres 2008 16 billion litres and finally Pueblo Viejo is designed to handle 44 billion litres per year. So we have contracts that will double treated volumes for at least the next two years and with Pueblo possibly 3 years. I cannot stress enough the potential share gains BQE may experience over the next few years. With approx. $5mil in the bank and assuming joint ventures on the INCO plant, there is minimal need for cash in 2007. Then the revenues would be higher and to fund 2008 developments, only Andina's cost of $10 to $12mil may require some debt financing. Pueblo is another story and as that story evolves, we will learn the extent of the final requirements. We're set till 2009 without signing another single contract.