Need a great spin in these dissappointing numbers
Three months ended March 31,
(US$000's) 2018 2017
Net profit attributable to shareholders
2,981 5,592
Adjustments (net of tax) for:
Loss on derivative instruments 3,061 -
Accretion expense 2,539
152
Acquisition -
20
Net foreign exchange losses 2,069
913
Adjusted net profit attributable to shareholders 10,650
6,677
Basic earnings per share 0.03 0.05
Adjusted basic earnings per share 0.10 0.06
Analysts had much higher earnings estimates and if Young does one of his usual put my feet to sleep presentations
we could see some short-term disappointment. Praying for a miracle that we have multiple Analysts on the call
for a change and to see David back buying next week.