Re: The year ahead in dollars and cents
in response to
by
posted on
Nov 09, 2009 12:59PM
I would request timing verification of the shipments F.O.B. Australian Port.
In reading over the last release it states that enticipated production has been moved back to the second quarter. Re finding more beneficial ore on Paradise north over Dee Tree. Hopefully they find better ore again on Paradise South. It would only mean moving production back to the third quarter with shipping results showing up in the third quarterly statement. Namely the month of October 1010. Paradise South again would prove more profitable as the transportation costs would be less.
Would this not relate to those predicted shipments showing up on the second or third quarterly financial statements that would be verified in their June or September financials? That would mean any income would not show up until this report comes out. Please correct me if I miss understood this. This relates to actual reporting not showing up for 7 months. Providing shipments are not extended due to approaching rainy periods as reported in there last release.
Looks to be a good stock once these shipments do begin.
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