gamechanger full story ... what do you think we have had a lot of patience.
2012 must be a game changer otherwise it is over and out.
in the midlle of last year it was a 30/70 change
after last q3 40/60
now with production going up, cash costs will come down a lot due to high fix costs that stays the same on whatever ounces are milled it will go to 1000 by q4, will be affirmed.
so now change is 80/20 of a gamechanger in 2012
so up 80%change 20%change stable
if snow lake get his only debt loan as i told many times before and nobody believed met it is 100/0
so i am adding and averaging down to 0.07 cents it this plan and not a promise like told by francois in the interview goes through this stock will earn:
prediction included with 73 milj payback of loan !!!
and calculated with gold at 1600 with q3 coming and q1 in europe gold will probably go to above 2000 in 2012-2013 than this calculation is very low ...
2011: loss 10 milj
2012:5 milj
20000 lac herbin cash costs 2012 1200 margin gold at 1600 20000*400 8 milj
-loan 3 milj
2013: 12 milj
20000 lac herbin cash cost 2013 1000 margin gold at 1600 12 milj
startup snow lake 50000 cash cost at 1200 first year margin 50000*400=20 mij
-loan 20 milj
2014: 29 milj
15000 lac herbin cash cost 2013 1000 margin gold at 1600 9 milj
snow lake 80000 cash cost at 1000 second year margin 80000*600=40 mij
-loan 20 milj
2015: 63 milj
15000 lac herbin cash cost 2013 1000 margin gold at 1600 9 milj
snow lake 80000 cash cost at 800 second year margin 80000*600=64 mij
-loan 20 milj
2016: 63 milj
15000 lac herbin cash cost 2013 1000 margin gold at 1600 9 milj
snow lake 80000 cash cost at 800 second year margin 80000*600=64 mij
-loan 10 milj
so market cap 10 earnings gives us:
2012 5*10=50
2013 12*10=120
2014 29*10=290
2015 63*10=630
market caps goes to earnings of next year so potential market cap end of 2012 will be 120 milj
equils 6 times current market cap= 0,3-0,35 cents
potential to go to 1 dollar in 2014