ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.

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ASA Gold and Precious Metals Ltd > is it possible....

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Comment by haunsoloon Sep 10, 2019 4:16pm

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Post# 30114126

RE:RE:RE:RE:is it possible....

Yeah so I am thinking that there is a lot more hemp going through at this point.

Revenue per gram will tick down, but overall revenues and EBITDA will go up. It seems like we were at $1.00 / gram and now it is much lower with the hemp. I do not think $16 million was net, I think its gross to gross.

I'm guessing margin / gram will tick down slightly with CBD at least a little bit, but we do get some more margin with economies of scale, so maybe not.

I could see it ticks down this quarter a little with the hemp, but ticks up later.

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