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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > Hexo
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•••
Comment by GentlemanTraderon Jun 08, 2020 11:50am
185 Views
Post# 31124333

RE:Hexo

RE:HexoZach revenues estimate of $14M or $19M CAD or +10% vs last quarter will be a disappointment in my opinion.

Value Added on net sales is 35% and last quarter OVERHEAD cost was about $20M. Applying 75% of the OH cost :

FCST sales : $19M
VA : $6.6M
OH : 75% of last quarter - $15M
Loss : ($8.4M)
Loss/share : (0.03)
Based on LQ outsanding shares : 285M

50% loss or ($9M) on $19M revenues...
It will need a major influx of sales before the MJs sector start seeing some profit out of this.... so Long Long play....
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