PackIce
You are correct, the stock will be in the $7 to $10 range in one year's time, however I believe I still have the right to express my frustration at the company for not deliverying on forecast production startup dates.
Assuming that they are only behind schedule by 3 months (an entire quarter) let us see how much money they have NOT made from UMZ. From their March corporate presentation numbers and some ball park metals pricing we have the following:
1.2 Million Lbs of copper per month * $4 = $4,800,000
1200 Oz of Gold per month * $1400 = $1,680,000
38,000 Oz of Silver per month * $30 = $1,140,000
Total = $7,620,000 per month
The 3 month delay in UMZ startup (somebody did not take into account that in Bolivia permits take longer) has cost the company (and shareholders) over $22,000,000.
Tell me again why I should "not stress".
Ciao
I reiterate my plea from the other day: COME ON ROLAND GET US MOVING (EARNING MONEY) AGAIN!