Thats awsome.
Hopefully I didn't buy too soon.
I predict a profit on operations but an overal loss.
14 500 oz (ish) * $1400 an oz = 20 Million.
Operations will probably be in the 16-18 Million
Development and overhead in the 6-8 Million
Total 24 cost - 20 revenue = 4 million loss on quarter.
Thats my guess.
Next quarter though 18 000 oz * 1450/oz = 26 Million Revenue for a profit of around 2-3 million.
Q3 - 20 000 oz for profit of 4-5 million
Q4 - 22 000 oz for profit of 5-6 Million
Total Year - 75 000 oz for profit of 5-10 Million (share price 4.50)
2012 = 100 000 oz for profit of 30 million (share price 5.50)
2013 = 150 000 oz for profit of 75 million (share price 6.50)
etc....
