GREY:AVGCF - Post by User
Comment by
millions11on Jul 10, 2012 12:28am
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Post# 20096971
RE: RE: RE: Political issues in Mali affected prod
RE: RE: RE: Political issues in Mali affected prod No this 28K is all Q2 mining
but a small amount is probably held over because of back log
so take the 6K from before add about 27 and you have 33 K sold in Q2 i am gonna say around 50 million in earnings
issues are how much profit?
i know it will post a profit
i also know they are looking for financing so we may see some dilution which isnt the greatest scenario but getting the mine completed and getting to 200,000 ounces is the most important so even if we dilute by 50 million shares i am ok if we do 200K sooner and we get a 3.00 share price instead of no financing and wait 2 more years to get to 200 K and a 4 dollar share price 2 to 3 years from now