$.46 read it and rejoice This is taken right off my spreadsheet on rbyc reserves and production table. Figures are NOT massaged....
333 m3/hr of production (200 ton/hr + a 300 ton/hr mobile machine due by 2013? x 2/3 for m3/hr) x 15 hrs day net production x 305 days/yr (no sundays and some holidays) x .5 g/m3 x $2000 gold -$600 cash and non cash costs = 24,517 oz gold per year and ....drum roll please....
$.46 a share of non taxed income with 75M shares outstanding. Call it ebitda? I see a normal tax rate is 34%, but who knows what taxes will be after accountants get through with it.
I am presuming the 300 ton/hr mobile trommel won't be ordered until we are solidly cash flow positive, so I am guessing it won't be onsite until 2013 at the earliest.