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7936567 Canada Inc SWYDF

Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.


GREY:SWYDF - Post by User

Bullboard Posts
Post by taketheriskon Aug 12, 2016 2:53pm
243 Views
Post# 25136966

Top line - calculation

Top line - calculationI look the financial statement of SWY. I saw the 13 M of deffered revenue in short term. 
13 M / (13M+320M) = 4 % of total deffered revenue.

This number give to us, the number of diamond for the next 12 months

In the 43-101 - SWY, we have 22 M of carat * 4 % * 80 % (100 % - 20 % (stream)) * 185 $ * 1,30 (Forex) = 169 M + 13 M (deffered revenue) = 182 M

the expectation look like top line of 182 M for the next 12 months (ramp up phase + commercialisation phase)


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