RE: Profit Margins
REX
Generally, $58 million of revenues will be generated each year of full
production and expenses are expected to be $39.8 million in cash costs plus
$1.7 million in non cash costs. Operating income will be $16.6 million before
taxes and net income will be $11.6 million after taxes. Adding non cash
costs back to the net income yields $13.2 million in discretionary cash flow.
Over the 10 year plan this gives an internal rate of return at 66.4% for the
initial capital deployed.
ROSA
Table 25-6: Estimated Financial Summary
MCoal Corporation
Phase 1 Operating and Capital Budget (Cash Basis)
2010 2011 2012 2013 2014
Exploration $ 120,000 $ 50,000 $ 25,000
Property Acquisition $ 125,000 $ 50,000
Joint Venture Interest $ 1,289,846 $ 2,117,839 $ 2,169,791 $ 888,566 -$ 397,213
Finance Interest $ 380,768 $ 230,893 $ 19,377 $ 7,625 $ 86
Taxes $ - $ 1,806,732 $ 2,278,280 $ 932,994 $ -
Operating Cash Flow $ 2,729,227 $ 4,950,830 $ 5,045,855 $ 4,202,721 -$ 594,157
Capital Costs
Equipment Purchases $ 2,447,881 $ - $ - $ - $ -
Bonding $ - $ 781,544 $ 1,028,563 -$ 1,478,482 -$ 195,386
Permitting
Lease Costs $ 125,000 $ 50,000
Total Capital Costs $ 2,572,881 $ 831,544 $ 1,028,563 -$ 1,478,482 -$ 195,386
Project Cash Flow $ 156,345 $ 4,119,286 $ 4,017,291 $ 5,681,203 -$ 398,77
They should earn .15-.18 share and with only 20/1 pe be a $3.00+ stock in 2013-14 Since the chairman is a Merger and Acquisitions guy they might have another acquisition or 2 and could be a high flying stock.
dyodd
Soccer