TSXV:AUN.H - Post by User
Comment by
JonEcashon May 01, 2010 12:27pm
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Post# 17052175
RE: RE: Expansion on Track
RE: RE: Expansion on TrackHey guys, I just quickly scanned through the MD&A. Lots of positives.
But there is one area where I am confused.... Looking at page 12 of the MD&A, you can see that in Q4 alone they realized a loss of
.01 per share. I was expecting something more in line with Q2 and Q3 where they realized EPS of
.03 and
.02 respectively. This result looks primairly due to there being only $2.3M in revenues for Q4 compared to $5.2M in revenues for each of the previous two quarters.....
Then looking at the schedule on page 7 of the MD&A, production and SALES for Q4 looked consistent with (if not higher than) the previous 2 quarters. So what happened in Q4? Based on the production/sales, and higher metals prices one would think it to be positive.
Anyways, that is one question I will have for management unless anyone here can explain it to me.
J$