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Ivernia Inc IVWFF

"LeadFX Inc is a Canada based mining company. It is focused on the development of lead-silver projects. The company owns an interest in Paroo Station mine, a lead carbonate mine in Western Australia. Paroo Station mine is the company's principal asset and production stage mineral property. It produces one product, which is lead carbonate concentrate for sale to primary and secondary smelters located in China, Europe, and North America. In addition, the company through its subsidiaries also owns


OTCPK:IVWFF - Post by User

Bullboard Posts
Post by SergeGodinon Jul 12, 2013 1:19pm
327 Views
Post# 21604719

2nd Quarter Results?

2nd Quarter Results?No announcement yet on when Q2 results are going to be announced?

This should be significant, as it will show the first quarter or uninterrupted (hopefully) shipments since Q4 2010.

Guidance was for 40 - 50K tonnes of shipments in the quarter, should translate to about $100M in revenue for Q2.

Assuming start-up costs are higher than normal operations, maybe $90M?, should result in EPS of maybe 1 or 2 cents for the Q?

Would be nice to see some positive cashflow for a change.

Anything better than another quarterly loss should see this stock bounce back up to 20 cents or higher.

- Serge
Bullboard Posts