OTCPK:IVWFF - Post by User
Comment by
ElJon Feb 20, 2007 12:40am
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Post# 12268110
RE: IVW to Release 4TH Quarter Results
RE: IVW to Release 4TH Quarter ResultsOracle_Slayer wrote: "hopefully we get great earnings Monday".....
I say forget about the "hopefully"....just by applying the math, using the January 16, 2007 operations update and the Q4,2006 commodity prices one can clearly see "close to an order of magnitude" step leap !! in earnings per share for Q4,2006 compared to Q1,2006 or Q3,2006.
Be careful to include the positive revenue adjustments in Q4,2006 for production delivered in Q3 that were settled in Q4,2006, in the normal practice for this business sector. Ivernia's costs per pound for Q4 are also going to be quite impressive IMHO.
Of course the latest run-up in Q1,2007 Lead price($0.81+) does not hurt in terms of attracting interest and the average LME price of $0.75 year-to-date is a solid follow-on from year 2006,
Peace,
Good Decision-making to All,
ElJ