Report v. 30.3.2007 warum redet da keiner davon?.....- Sales of Akdala product (70% attributable) during the five months
ended December 31, 2006 amounted to approximately 980,000 pounds of
U(3)O(8) (377,000 Kg U). The Company's attributable share (70%) of
revenue from uranium sales amounted to $50.5 million. After the
deduction of production costs of $9.3 million, depreciation and
depletion charges of $8.4 million, the earnings from mine operations
were $32.7 million. Production (70% share) during the five months
ended December 31, 2006 was approximately 940,000 pounds of U(3)O(8)
(361,400 kg U).
- The average unit price obtained for sales during the five months
ended December 31, 2006 was $51 per pound U(3)O(8), the average spot
price during this period was approximately $60 per pound U(3)O(8).
The average production cost per pound of U(3)O(8) sold was
approximately $9.
- Net income for the five month period was $19.7 million ($0.04 per
share). This includes $24.7 million arising from non-cash income from
an exchange gain on the revaluation of future income tax liabilities.
Adjusted for this item, the Company incurred a loss of $5.0 million.
- Due to improved cash flow from uranium sales at Betpak Dala all
outstanding loans payable to the Company by Betpak Dala totalling
$62.6 million were repaid in the first quarter of 2007.
>>
During the five month period ended December 31, 2006 sales of Akdala
product (70% attributable) amounted to approximately 980,000 pounds of
U(3)O(8) (377,000 kg U) compared to 812,000 pounds of U(3)O(8) (312,000 Kg U)
for the year ended July 31, 2006. The Company's attributable share (70%) of
revenue from uranium sales amounted to $50.5 million. After the deduction of
production costs of $9.3 million, depreciation and depletion charges of
$8.5 million earnings from mining operations were $32.7 million. For the nine
months ended July 31, 2006 sales of Akdala product (70% attributable) amounted
to approximately $23.5 million. After deducting production costs of
$9.5 million, depreciation and depletion charges of $5.1 million, earnings
from mine operations were $8.9 million.
The average unit price obtained for sales during the five months ended
December 31, 2006 was $51 per pound of U(3)O(8) compared to the average price
of $29 per pound of U(3)O(8) for sales in the nine months ended July 31, 2006.
The spot price of uranium at December 31, 2006 was $75 per pound of U(3)O(8);
the spot price has increased gradually from $33 per pound at October 31, 2005.
...During the five months ended December 31, 2006 production costs were
$9.3 million or approximately $9 per pound of U(3)O(8) sold. During the year
ended July 31, 2006, which included the first nine months of operations,
production costs were $9.5 million or approximately $12 per pound of U(3)O(8)
sold.
.....At March 27, 2007, the Company had a cash position of approximately
$109 million that will be used to continue development of the South Inkai and
Kharassan uranium projects within the Republic of Kazakhstan and to continue
exploration drilling, which commenced this year, on the Company's Kyrgyz
uranium exploration licenses......
infoventure.tsx.com/TSXVenture/...O_ID=1087192&NewsReleases=on