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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by RockQQon Sep 04, 2011 1:40pm
185 Views
Post# 19010913

RE: RE: RE: What to do?

RE: RE: RE: What to do?Lefmike, you are correct.  They are adding into the cost per ounce alot of accounting mumbo-jumbo including one-time fixed costs and infrastructure expenses as well as the cost of the GW ounces.

They are alot closer to positive cash flow than the numbers realize.  I wish they were a little more forthcoming about why the cost per ounce produced is so high now and why it will drop so fast in coming quarters.

I also can't believe there is no boost at all from having past the GW tests, which was Deon' singular aim since he took charge.  It was no easy task and every other goal was made secondary to this one.

I expect to easily see $1 or more PPS by end of year.
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