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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by lefmike1on May 02, 2011 8:51am
178 Views
Post# 18516629

RE: RE: RE: RE: RE: RE: RE: Crunching numbers and

RE: RE: RE: RE: RE: RE: RE: Crunching numbers andEzeee breaking even is really what I said guys,  10 million gross before admin expenses is not a whole lot on sales of 120 million if you ask me.  I don't think Ezeee will be totally proffitable until Q2 or even Q3  but as far as burning cash, with the repairs done to the shaft and Uranium plant  as claimed by taht metal guy where else are they burning cash, apart from their operating expenses and those should be dropping as mining improves.. remember they dropped almost 40 % from 2010  through  Q3 2011 at Ezee.  So we should expect more of the same kind of production cost savings I would hope.

again  JMHO

and GLTAUBG
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