GREY:WFEMF - Post by User
Comment by
billlcon Feb 18, 2012 8:56pm
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Post# 19554963
RE: Last number attempt lol
RE: Last number attempt lol Hi Majormac, wwater over on the GWG board has done this for GWG. Here is a simple method. Sales or revenue minus direct miningg and processing cost (labor, materials, power,etc.) = EBITDA (earnings before interest taxes depreciation amortization). Use straight line depreciation = capital cost/mine life or 20 years. EBITDA - Dpr = EBIT. Subtract interest expense to get EBT. Subtract taxes to get EAT. Divide by diluted shares to get diluted EPS. Good luck. I am working on Northern Minerals, WOF.v is right behind.