Post by
commodity16 on Jul 09, 2013 1:25pm
Back towards $2 here we come?!
Awesome corporate release today.Hopefully this will give the market some confidence in MWE in regards to their operations and clarification on the export ban which as previously stated is not affecting MWE operations at all.
Comment by
tika1 on Jul 10, 2013 4:45pm
Commodiaty what is Cash Flow per share if CU is at $3 and Silver at $19. Do you have calculation?
Comment by
commodity16 on Jul 11, 2013 3:30pm
Here are some quick calculations:
$7000/ Ton X5189T= $36,323,000.00 copper revenue for 3 months
$19 X 475,397oz = $9,032,543 silver revenue for 3 months
Total revenue=$45, 355,543.00 for 3 months
$45, 355,543.00/ 168,000,000 outstanding shares= $0.27 per share cash flow per 3 months
$0.27 X 4 quarters= $1.08 per share cash flow in a yr.