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Q4 at these gold prices:
1050-480(cash cost)*120000 oz = 68 million profit from mine activity. In Q2 they had 44 million profit from mine activity. 68-44=24 million MORE in net profit. They had 18 million net profit in Q2. 24+18=42 million. Here's the good part: 44 million/77 million shares = $0.57 FOR THE FOURTH QUARTER ALONE!!! On top of the 38 million for Q1&2, and ~35 million for this quarter, year's earnings should be in the $1.50 EPS range. LOLOLOL @ shorts!!!!!!!! Just wait until TOnga comes online next year.... http://www.randgoldresources.com/randgol... Rating :
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