RE:40 to 50 cents per share earnings for 4th qtr!Reply to Goldbug...
Sorry to say, those additional ounzes do not come free... It is not 30k oz x POG..
Fosterville has an AISC of $416 in Q3 for 180k oz. If they do an additional 30k oz.
AISC will be 180k/210k X 416 = $356 Additional profit for the 30k X (1230-356) = $26 million
But the AISC on the 180k is also lowered 416 - 356 = $60 X 180k oz = $11 million
Adding $26 million and $ 11 million = $37 million,,, which is dam close to your $36 million... LOL..
So OK,,, 45 cents x 4 quarters = $1.80 x P/E of 20 = $36 American.... And that is just 1st Q/2019