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Petaquilla Minerals Ltd PTQMF

"Petaquilla Minerals Ltd explores for gold in Panama. The Company operates the Molejon gold mine in Panama and owns exploration and development stage projects in Spain and Portugal."


GREY:PTQMF - Post by User

Bullboard Posts
Comment by DetVicMackeyon Jan 11, 2011 1:42pm
194 Views
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.
Bullboard Posts