OTCQX:BGMZF - Post by User
Post by
boss_wazon Jan 22, 2015 9:51am
88 Views
Post# 23350631
[Revenue Profit Expenses POG US CAN]
[Revenue Profit Expenses POG US CAN]How much REVENUE from production?
- depends on how much of the gold they sent to market...as one of their NR stated that they PRODUCED a quantity, but SHIPPED a lessor qty for market. So what if they just shipped the produced gold THIS MONTH for sale...This month gold is $1300.
How much Profit?
- if one considers all-in (as in cost to get to this point) well profit is far off...but looking at OPERATIONAL profit, its likely quite HIGH, considering other operations run at $500 to $800 per oz. Wont know for sure until BGM reports.
US or CAN dollars?
- POG in CAN dollars is over $1500, and since they operate in canada, then operational costs should be in CAN dollars...so best case Costs at say $700 CAN, POG at $1500 CAN...$800 per oz profit...(all speculative)...and if the GRADE is sweet and they EXCEED the 25,000 oz for fiscal year, then short term financials could be just fine...if..if...if
Lets see those fiancials....