OXR - Oxiana Limited

[MalteseBull]

Don't know why there is a high volume selling... the best is yet to come

 

[laurie]

Maybe profit taking as we get closer to the end of finanical year

cheers laurie

 

[Fab]

Laurie,

Why do you think the best is yet to come ?

Cheers

 

[mlennox]

Laurie,

Why do you think the best is yet to come ?

Cheers

gold gold gold gold gold gold gold... and gold

 

[nizar]

Laurie,

Why do you think the best is yet to come ?

Cheers

zinc will be in supply deficit this year sending the zinc spot price through the roof i think $2+ by october

gold, zinc and copper tipped to remain strong throughout 2006

Prominent Hill is a mini-olympic dam and will more than double current production figures of gold and copper and is coming online in 2008

Sepon Copper output is due to double by 2009

OXR market cap by 2008-9: $10billion+ IMO

 

[MalteseBull]

GOLD UP $15 to US$668!

this should add some fuel to oxiana's price today

patience to virtue

 

[mlennox]

up 2% already when did u enter maltese ? (i entered on 27/03/06 @ 2.44)

 

[coyotte]

gold gold gold gold gold gold gold... and gold

could be a lot more pushing the OX than POG

could be something to do with Managment !

as both the Saint and the Sons showed us last year ---- the assests can be worthless if managment are just a mob of " dwarfs "


Cheers
Coyotte

 

[mlennox]

managment are just a mob of " dwarfs "

find me a company without a management like this... its the people at the bottom of these mines making these companys money not there management.

 

[coyotte]

mlennox

debatable !!
do not both rely on each other ?


but i would not have thought SBM would be as high as it now without a change
of top management last year (even though it had aquired the Sons assets @ bagain prices )


Cheers
Coyotte

 

[laurie]

Laurie,

Why do you think the best is yet to come ?

Cheers

Full year production figures of Golden Grove will be massive in Oct! just look at what's happening to SILVER prices this company cannot put a foot wrong

cheers laurie

 

[MalteseBull]

up 2% already when did u enter maltese ? (i entered on 27/03/06 @ 2.44)

entered about 3.30, plan on holding this baby long term though, should see it at $5 one day,

 

[mlennox]

entered about 3.30, plan on holding this baby long term though, should see it at $5 one day,

i think i saw an option taken out by the board for 4.85 expiring 2011...

anyone know how this should be viewed?

 

[mlennox]

mlennox

debatable !!
do not both rely on each other ?

oh definately but then why do the managers get paid more ? because they work harder ( i think not )

 

[MalteseBull]

Gold will hit $700 very soon! by next week i rekon!

so OXR and other goldies are worth while, so stock up!

 

[nizar]

If u want a stock that moves better with increasing gold price, try LHG

 

[nizar]

OXR

Gold 600 - 450 = 150 x 180,000
= 27,000,000

Copper 2.75 - 0.85 = 1.90 x 60000 x 2205
= 251,370,000

Zinc 1.25 - 0.30 = 0.95 x 150000 x 2205
= 314,212,500


= 592,582,500

costs of production and depreciation included in the costs of individual metals

other costs
admin 10,000,000
misc 5,000,000
finance costs 40,000,000
exploration 25,000,000
income tax 100,000,000

total costs 180,000,000


estimated profit = 412,582,500

what do u mean by finance costs?

u mean like paying back any interest on loans?

and also, how much do we have to put aside for wages when making these kind of calculations: surely this must be at least 30-40mil, OXR must employ hundreds of people....

 

[bvbfan]

finance costs, yes interest and for payback of some principle

as for employee expenses, the majority of workers are in the mines and that would be included in the costs of the production
Office costs would be for the corporate office employees

Again these numbers aren't meant to be concrete, but assuming I've got most of the costs addressed then you can gauge the earnings from the levels used for the metals.
If costs are underestimated (from my estimates) obviously they won't earn as much

BTW, all those figures are in USD so I think I have overestimated some of the costs

 

[MalteseBull]

should see it close to $4 today

 

[ctp6360]

Wow that's optimistic but gee I hope you're right.

I opened 5 positions yesterday and they're all up 1-5% today, man it feels good to be right! Ha ha ha, I've jinxed myself