Post by
quinlash on May 09, 2024 12:13pm
QTR Report (EPS close to +)
Ran a quick review on the report, company is a penny off of being EPS positive.
Expenses seem low enough to be addressed by cash on hand.
Considering Copper spot price trends over prior 90 days we may see EPS positive on next report
Underground crusher cost estimate is not something I spotted so I will have to get back to that. Above ground crusher in and operating.
Company likely has option to progress with just the above ground processing with underground deferred until cash positive achieved, it's a guess but they must have that in the table as a possible going forward option
The files are on their website, would suggest making the effort to review
Comment by
nofluff on May 09, 2024 12:27pm
Ya Quin. They get production up and head grade up, they should positive. Market is showing some love. Nf
Comment by
nofluff on May 09, 2024 1:07pm
Our cash prob is cap probs r cap ex. SMD costs. Ug crusher electrical. Paste plant piping to be deposit. So not that much. But it is money. Pp plumbing needs done soon. One 30 ton cement mixer could haul a thousand ton per 24 hrs. So 100 thousand per month cost. Nf