Coniagas Battery Metals Inc. T.COS

Primary Symbol: V.COS Alternate Symbol(s): CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).

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Coniagas Battery Metals Inc. > Comparing Q2 Estimates

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Post by namsocon Jul 29, 2014 9:11pm

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Post# 22792333

Comparing Q2 Estimates

COS will be reporting after the market close on Thursday. Recently Oldtimer reported that McDep had a report on COS and Malx posted the link. I thought it might be instructive for me to compare my estimates, which I posted in early July, with those of McDep where possible.

Today I received a cash flow estimate for Q2 from RJ. According to them, consensus CF is 50¢/shr. They are estimating CF of 53¢/shr, McDep is at 61¢/shr and I am at 52¢/shr. On earnings, McDep and I are at 34¢ and TD is stating that consensus is 26¢/shr, with a range of 20¢ to 33¢. It will be interesting to see how COSs numbers turn out. From my perspective, I will be watching the cash burn for the quarter since that will determine if they want to cushion there cash balance

Namsoc

Comparison with McDep
	Namsoc	McDep
	Q2	Q3
Syncrude Production (bbls)	18,512,135	18,400,000
Production % on 350 kb/d	58.1%
Quarterly Sales (bbls)	7,001,340	6,790,000
COS Daily Sales (b/day)	76,938	74,600
Avge Revenue/barrel	112.26	112.78

Sales Revenue	785,968,332	766,000,000

Expenses
Operating Cost/bbl	54.08
Total Operating Cost	503,225,172	445,000,000
Crown Royalty	32,886,669	23,000,000
Total	536,111,841
Cost/barrel	76.57

Cash Flow From Ops ($)	249,856,491	295,000,000
Change in Non-Cash Wcap	10,000,000
Cash From Operating Activities	259,856,491	295,000,000
Funds From Ops (Qtly $/shr)	0.52	0.61

Capex + Maintenance	210,500,000	237,000,000
Dividend	170,000,000	170,000,000
Additional Cash Expenditures	380,500,000	407,000,000

Cash in the Bank	292,039,473	292,039,473
Cash Burn	-120,643,509	-112,000,000
Cash at end of Period	171,395,964

Earnings/share ($/share)	0.34	0.34