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Atna Res Ltd ATNAQ

"Atna Resources Ltd is a Gold mining company. The Company is engaged in the exploration, development and acquiring of mine precious metals, uranium and other mineral properties."


GREY:ATNAQ - Post by User

Bullboard Posts
Comment by azam101on Aug 23, 2012 2:21am
326 Views
Post# 20250565

RE: RE: RE: RE: RE: Why the halt?

RE: RE: RE: RE: RE: Why the halt?

If they are doing this in August, to me, that suggests that they might use all cash flow from operations towards capital expenditure in 2013.

I have calculated that the dilitive effect to be 15,900,000 shares bringing total dilued shares to approx 141,500,000 shares. According to my "rough" calculations that should translate to 32 cents for 2013 EPS and 49 cents cashflow per share based on 1600 gold price, which is still attractive.

Anyone knows what is their targeted Debt to Equity? The balance sheet is very strong (may be too strong!) 

Azam

Bullboard Posts