GREY:PTQMF - Post by User
Comment by
DetVicMackeyon Jan 11, 2011 1:42pm
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Post# 17954799
RE: FYQ2 earnings prediction
RE: FYQ2 earnings predictionFor the low end, I miscalculated the loss per share item so here is the correction.
Basic and diluted loss per share = $(0.0304)
Income for FYQ3 should increase based on high metal prices, lower cash costs per ounce, reduced G&A expenses, and reduced other expenses. Once all the notes are paid off, there won't be any more mark-to-market losses or interest expenses. Items such as finder's fees will be gone unless the company raises more debt or equity in the future.