BAA's Q2 result will be a lot better then Q1 why?
Post# of 98052
Posted On: 05/18/2015 9:54:08 PM
BAA's Q2 result will be a lot better then Q1 why?
1) Dry season, production will increase a lot.
2) Cast cost per ounce will be below 500 dollars imho. It was 527 dollars at Q1. Remember CEO Clarke said during the conference call Cash cost and all in sustaining cost will go down.
3) 90 million dollars non-dilutive financing will reduce debt, interest payment will be low..
4) Management will focus more about development of the mines because financing done and the company will not have any cash problem next 2 years.
5) Gold prices is going up expecting 1,300 dollars test soon.
6) Now that the financing has been completed, the mine fleet can be expanded to increase the waste stripping and ore mining to meet the planned stacking rates required for commercial production.
•With the commissioning of the agglomeration drum in the first quarter of 2015, Namoya's focus is on ore delivery in order to increase the stacking rate towards commercial levels as well as optimizing the stacking process with the agglomerated heap leach in order to improve percolation and gold extraction.
TO SUM UP, i guess Q2 net profit will be doubled when you compare with Q1. when we translate to the share price we will catch 2 dollars book value..
DON'T FORGET BAA COMPARED WITH GIANT GOLD COMPANIES.. BAA IS THE CHEAPEST.. TAKE A LOOK AT.. FUNDS COMPARE YOU CAN DO THE SAME. IF YOU WANNA MAKE MAXIMUM RETURN FROM YOUR INVESTMENT
1) Dry season, production will increase a lot.
2) Cast cost per ounce will be below 500 dollars imho. It was 527 dollars at Q1. Remember CEO Clarke said during the conference call Cash cost and all in sustaining cost will go down.
3) 90 million dollars non-dilutive financing will reduce debt, interest payment will be low..
4) Management will focus more about development of the mines because financing done and the company will not have any cash problem next 2 years.
5) Gold prices is going up expecting 1,300 dollars test soon.
6) Now that the financing has been completed, the mine fleet can be expanded to increase the waste stripping and ore mining to meet the planned stacking rates required for commercial production.
•With the commissioning of the agglomeration drum in the first quarter of 2015, Namoya's focus is on ore delivery in order to increase the stacking rate towards commercial levels as well as optimizing the stacking process with the agglomerated heap leach in order to improve percolation and gold extraction.
TO SUM UP, i guess Q2 net profit will be doubled when you compare with Q1. when we translate to the share price we will catch 2 dollars book value..
DON'T FORGET BAA COMPARED WITH GIANT GOLD COMPANIES.. BAA IS THE CHEAPEST.. TAKE A LOOK AT.. FUNDS COMPARE YOU CAN DO THE SAME. IF YOU WANNA MAKE MAXIMUM RETURN FROM YOUR INVESTMENT
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