TSX:LSG.DB - Post by User
Comment by
bossuon Jan 20, 2016 9:37am
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Post# 24475904
RE:Up or Down?
RE:Up or Down?Revenue is higher but costs are higher.Revenue +$ 15 MM Costs + $ 15MM
Depletion and depreciation will be higher than in 2015 (see SEDAR 9 month)
So earnings from operations will lower than last year
The ''killer''this year will be the exploration expenses to the amount of $ 25 MM
and this will affect the bottom line accordingly but his will happen just
this year (hopefully)
The Q4 will look like the Q3 and bottom line for 2015 will look like
the September 30 2015 numbers.
However we may say that LSG is in a good shape and the futur very promising.