OTCPK:LLEN - Post by User
Comment by
raceagainstthestormon Dec 22, 2012 10:56am
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Post# 20765033
RE: FYI...
RE: FYI... Question sharpei as i have been watch SCOK fall hard ....what are the charges for the washed coal in the quarterly report...does this mean they charge 175$ to wash a metric ton of coal, seems high to me to get that much revenue from washing...see high lighted in Bold Red raw coal is only a small percentage of the revenue, are they buying, washing, and reselling...something I can't understand?? Mines are shut down for upgrades into 2013 I believe.... Isn't the COO the same one that came with Hu on an Obama visit to the US if i remeber correctly.
Fiscal 2013 First Quarter vs. Fiscal 2012 First Quarter
- Total revenue decreased by 20.7% to $17.6 million, as compared to $22.2 million.
- Gross margin decreased to 10.9%, as compared to 32.5%.
- Net income, including foreign currency transaction adjustment, was $0.7 million or $0.03 per diluted share, as compared to net income of $8.3 million or $0.39 per diluted share.
| Product type | Fiscal 2013 First Quarter | Fiscal 2012 First Quarter |
| MT* Sold | Revenue (million) | % of Total Revenue | Weighted Average Price/MT* | MT* Sold | Revenue (million) | % of Total Revenue | Weighted Average Price/MT* |
| Coke | 47,848 | $ 9.2 | 53% | $ 193 | 42,272 | $ 10.1 | 45% | $ 240 |
| Washed Coal | 40,187 | $ 7.1 | 40% | $ 175 | 44,725 | $ 8.3 | 38% | $ 185 |
| Raw Coal | 16,056 | $ 0.9 | 5% | $ 58 | 39,360 | $ 3.0 | 14% | $ 77 |
| Coal Tar | 1,433 | $ 0.4 | 2% | $ 256 | 2,788 | $ 0.7 | 3% | $ 252 |