GREY:RNKLF - Post by User
Post by
Alanmakingcentson Oct 25, 2018 2:07pm
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Post# 28872838
Only correct statement
Only correct statementFrom Geodan2 was "I am not an accountant". Does he not know that you need to subtract expenses from revenue to get net earnings before you calculate PE? As of 2nd quarter, the one referenced, the Beta mine lost money on every oz mined, thus the need to put it up for sale. Things have changed but there are still expenses to account for and trying to extrapolate one month's bonanza gold recovery over a year is ludicrous.
Alan