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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Randall E. Brubaker who wrote (5246)3/6/1998 11:15:00 AM
From: Bob Walsh  Read Replies (1) | Respond to of 14226
 
Randall, Of course it is the cash flow that is important and as you correctly state we need the company to become self-sustaining.

For those of us adding to our position or newly investing it is important to estimate future cash flow (which will determine a reasonable stock price). Therefore it is necessary to know what are the variables that will allow the cash flow (and more importantly the earnings) to increase. To determine future potential EPS, such things as: amount of enhanced ore, amount of unmined ore, amount of PGMs in each ton of ore, yields from process, cost to produce, time to produce, etc.

The above information is probably not completely available yet since we still are at an early stage - that is we do not yet have a value for a production batch. Hopefully we will have that number today. Even after we have that number we still need a series of such numbers to prove the repeatability of the process and the values.

Regards,
Bob