RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BMO re Kipushi = Net PositiveExactly my point: 12-month projections. And how long have they been saying that? Since you know what it is, why are you comparing the analysts to Tops' calculations?? Apples to oranges, thus irrelevant and practically useless.
As for my opinion, so that I don’t get mentioned with likes of you, I said it before but I’ll repeat it for you because you were not around at the time:
I actually think his calculation are on the right track within a certain, relatively negligible margin. The one thing I am not as optimistic about is the PE multiplier, but since I have no solid ground to stand on to state anything to the contrary, I just keep my mouth shut instead of stating he is wrong. Maybe he is, maybe he isn’t, there is no way to know now. I recon from the past several years that this stock is not getting the same traction as Voisey Bay. That leads me to believe that the multiplier might not be as generous as one might think but trust me, I want him to be right on this.
To conclude, the pertinent calculation we need here, are simple (4 basic operations: add, multiple, subtract and divide). The magic is in capture all the items, both credits and debits. Since you seem to know what it is, there is no need to regurgitate the obvious.
Not that you asked for it, but my suggestion is don’t confuse his style with his logic. Of all the people, you know those are 2 different things…