TSXV:AUN.H - Post by User
Comment by
Alhajaon Jan 27, 2008 8:36am
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Post# 14268865
RE: Aurcana increases profit per tonne by 58%
RE: Aurcana increases profit per tonne by 58%As usual I'll post the most simplistic answer possible.
For every 1$ about 10% increase. 15$=>150%. That would be for 2009. By then we have two mines running and silvergrades much higher. So 150% en plus seems low.
Supposing there is a steady increase this year you can make a simple average of the two extremes 30%+150%/2 = 90% increase of CF. Betting on a more realistic 50% I arrive at 2008CF between 17M$-21M. Now that is a value to hold against our current SP. But lets prove up numbers for last quarter first.