Unbeachtet nach oben (Seite 14)

[Kongo-Otto]

Antwort auf Beitrag Nr.: 46.193.063 von NickelChrome am 09.01.14 16:15:57

Mal sehen, ob die 2.50$ halten.

Bei 2.50$ hätte DPM ein KGV von 16,6.
Wäre der Goldpreis auf dem Niveau von 2012, dann wäre das KGV bei 5 (EPS 2012 lag bei 0.47$).
Echt bitter....

Bricht der Goldpreis seinen Abwärtstrend, dann wäre DMP ein heißer Kandidat für den Einkaufswagen.

[NickelChrome]

Schöne 2,137 auf Tradegate gestern erzielt.
Die kleine Rallye scheint vorbei.
Und nach den letzten Kufen um die 1,70 kann man 10 % über dem Mischkurs mal Gewinne mitnehmen und wieder auf 1,70 Euro warten....

[NickelChrome]

Und jetzt wieder rein.
Drei Tage später kostet die Aktie statt 3,50 nur noch knapp über 2,50.

[NickelChrome]

Heute ging es dann zwischendurch 12 % in Toronto hoch und ich habe die erste Tranche mit 5 % Gewinn entsorgt.
Jetzt habe ich nur Stücke für 2 Euro und halte die mal.
Aber eine unglaubliche Volatilität in dieser Woche.

TagesRange 3.06 - 3.53 CAD
Wochentief 2,90 CAD

[NickelChrome]

Habe vorgestern und nach nochmaligem Sturz gestern gekauft und heute steigt die Aktie wieder 5 %.

Zitat von maurer_35: Niemals auf eine Firma versteifen....Es gibt viele Gute und die Vorzeichen ändern sich täglich...
Bei den "all in costs " ist DPM weit vorne, aber auch die sind im Moment schwach!

[freddy1989]

Hier mal die neusten News

PM-2119311" target="_blank" rel="nofollow ugc noopener">http://www.stockwatch.com/News/Item.aspx?bid=Z-CPM-2119311

Dundee Precious loses $13.3-million in Q3


2013-11-06 21:46 ET - News Release


Mr. Rick Howes reports

DUNDEE PRECIOUS METALS ANNOUNCES 2013 THIRD QUARTER RESULTS

Dundee Precious Metals Inc. had a third quarter net loss attributable to common shareholders of $13.3-million (10 cents per share), compared with net earnings attributable to common shareholders of $21.9-million (18 cents per share) for the same period in 2012. Net earnings attributable to common shareholders for the first nine months of 2013 were $3.3-million (two cents per share), compared with $39.7-million (32 cents per share) for the same period in 2012.

Highlights:

Higher metals production year over year; Chelopech continued to perform well, more than offsetting lower production in the short term at Kapan to rebuild development inventory, which is under way;
Lower mine cash costs; third quarter and year-to-date costs decreased by 10 per cent and 11 per cent relative to 2012, driven by realized benefits from Chelopech mine/mill expansion;
Smelter approaching ramp-up stage; second oxygen plant commissioning issues continued to constrain throughput during the quarter; production ramp-up expected during the fourth quarter; physical construction of acid plant on track;
Near-term growth opportunities are progressing; Kapan released its first underground mineral resource estimate in August; underground expansion conceptual study to be completed in the first quarter of 2014; Krumovgrad permitting is progressing slower than anticipated but community support is building;
Financial results in line with consensus estimates; adjusted net earnings of seven cents per share; exited quarter with close to $200-million of cash resources, including short-term investments and undrawn long-term revolving credit facility.
Net (loss) earnings attributable to common shareholders for the third quarter and first nine months of 2013 were impacted by several items not reflective of the company's underlying operating performance, including unrealized gains and losses attributable to DPM's equity settled warrants, derivative commodity contracts covering future periods, Sabina special warrants, and an impairment charge on a refurbished oxygen plant no longer expected to be used at Chelopech. Excluding these items, DPM reported adjusted net earnings in the third quarter and first nine months of 2013 of $10.1-million (seven cents per share) and $20.3-million (15 cents per share), respectively, compared with $18.7-million (15 cents per share) and $59.4-million (47 cents per share) for the corresponding periods in 2012. The year-over-year declines were driven primarily by lower metal prices, higher local currency operating costs at Tsumeb and higher depreciation, partially offset by higher volumes of payable metals sold, reduced exploration costs and administrative expenses, and a stronger U.S. dollar relative to the South African rand.

"Our third quarter and year-to-date results reflect consistent operating results from Chelopech, our flagship operation. Short-term issues at Kapan and Tsumeb have impacted their operating results, however, each is making good progress toward achieving higher anticipated levels of production," said Rick Howes, president and chief executive officer. "In this challenging market environment, we remain focused on optimizing operational performance, reducing costs and advancing our growth projects."

Adjusted EBITDA in the third quarter and first nine months of 2013 was $26.5-million and $73.8-million, respectively, compared with $26.5-million and $86.8-million in the corresponding periods in 2012, driven by the same factors affecting adjusted net earnings, with the notable exception of depreciation.

Concentrate production in the third quarter of 2013 of 31,718 tonnes was 12 per cent lower than the corresponding period in 2012, due primarily to lower volumes of ore mined and processed at Kapan, where production was reduced to support rebuilding development inventory in advance of resuming normal operating levels in the second quarter of 2014, and a contemplated expansion of its production capacity and lower copper grades at Chelopech, partially offset by higher volumes of ore mined and processed at Chelopech. Concentrate production in the first nine months of 2013 of 105,045 tonnes was 2 per cent higher than the corresponding period in 2012, due primarily to higher volumes of ore mined and processed at Chelopech, partially offset by lower copper grades at Chelopech, and lower volumes of ore mined and processed at Kapan.

Concentrate smelted at Tsumeb in the third quarter of 2013 of 33,090 tonnes was 28 per cent lower than the corresponding period in 2012, due primarily to the timing of the annual maintenance shutdown of the Ausmelt furnace. In 2012, the shutdown took place during May and June, whereas in 2013, it took place in July. Concentrate smelted in the first nine months of 2013 was 113,976 tonnes, up slightly from 2012.

Concentrate sales in the third quarter and first nine months of 2013 of 38,749 tonnes and 110,363 tonnes, respectively, were up 14 per cent and 9 per cent over the corresponding periods in 2012, due primarily to a drawdown of concentrate inventories at Chelopech and Kapan, and timing of shipments at Kapan. Relative to the third quarter of 2012, third quarter 2013 payable gold sold increased by 24 per cent to 40,006 ounces, payable copper sold increased by 18 per cent to 12.4 million pounds, payable silver sold increased by 2 per cent to 158,572 ounces and payable zinc sold decreased by 11 per cent to 2.8 million pounds. For the first nine months of 2013, payable gold sold increased by 18 per cent to 116,404 ounces, payable copper sold increased by 10 per cent to 34.2 million pounds, payable silver sold increased by 10 per cent to 404,859 ounces and payable zinc sold decreased by 5 per cent to 10.6 million pounds, compared with the first nine months of 2012. These changes reflect increased concentrate deliveries and lower zinc production.

Consolidated cash cost of sales per ounce of gold sold, net of byproduct credits, in the third quarter and first nine months of 2013 was $352 and $320, respectively, compared with $213 and $89 for the corresponding periods in 2012. These increases were due primarily to lower realized copper and silver prices, partially offset by higher volumes of payable metals.

Cash provided from operating activities during the third quarter and first nine months of 2013 was $15.7-million and $59.2-million, respectively, compared with $38.1-million and $51.3-million in the corresponding periods in 2012. Cash provided from operating activities, before changes in non-cash working capital, during the third quarter and first nine months of 2013 was $30.6-million and $63.8-million, respectively, down $4.7-million and $26.6-million from the corresponding prior-year periods, due primarily to lower metal prices and higher local currency operating costs at Tsumeb, partially offset by higher volumes of payable metals sold, reduced exploration activities, lower administrative expenses and a stronger U.S. dollar relative to the ZAR.

Cash outlays for capital expenditures in the third quarter and first nine months of 2013 totalled $63.7-million and $165.5-million, respectively, compared with $39.0-million and $98.0-million in the corresponding periods in 2012, due primarily to the construction activity related to the new acid plant at Tsumeb scheduled to commence operation in the fourth quarter of 2014.

As at Sept. 30, 2013, DPM maintained a solid financial position with minimal debt, representing 9 per cent of total capitalization, a consolidated cash position, including short-term investments, of $46.7-million, an investment portfolio valued at $23.7-million and a $150-million undrawn long-term committed credit facility. These cash resources, together with the cash flow currently being generated, are expected to be sufficient to finance all non-discretionary capital projects through to completion. The company's discretionary growth projects, which include the Krumovgrad gold project, a Kapan underground mine expansion and the electric holding furnace at Tsumeb, are expected to be staged over time. The selection and staging of each of these projects and other potential projects will ultimately be based on their expected returns, market conditions and DPM having sufficient capital resources to support any one or more of these projects. The company will consider raising additional capital, if required, to ensure it maintains its financial strength and has sufficient liquidity to meet the needs of the business.

The second stage of the pyrite project contemplated in the technical report, which was issued in September, 2012, is the construction of a pressure oxidation process facility. Based on the results of the recently completed work to assess the feasibility of the pyrite treatment facility, the company concluded that the pyrite treatment component of the pyrite project will not be commercially viable under current market conditions. It is, therefore, the company's intention to defer any further work on the pyrite treatment project until market conditions warrant a re-evaluation of the economics of this project. As a result, the disclosure relating to the pyrite treatment component of the pyrite project contained in previous disclosure and the "Preliminary Economic Assessment Report for the Chelopech Pyrite Recovery Project," filed on SEDAR on Sept. 10, 2012, in accordance with National Instrument 43-101, standards of disclosure for mineral projects, is no longer to be relied upon. The company is still proceeding with the initial stage of the pyrite project, to generate a pyrite concentrate for sale, and is scheduled for completion in January, 2014.

2013 outlook

PRODUCTION GUIDANCE FOR 2013
Guidance
as at
2013 production guidance Sept. 16, 2013
Chelopech Kapan Tsumeb Total Total
Ore mined/milled
(000 tonnes) 1,900 to 2,050 450 to 465 - 2,350 to 2,515 2,370 to 2,550
Concentrate
smelted (000
tonnes) - - 155 to 162 155 to 162 172 to 178
Metals contained
in concentrate
Gold (000
ounces) 125 to 143 23 to 25 - 148 to 168 148 to 168
Copper (million
pounds) 43.0 to 46.0 2.3 to 2.5 - 45.3 to 48.5 45.3 to 48.5
Zinc (million
pounds) - 14.5 to 15.0 - 14.5 to 15.0 14.5 to 15.0
Silver (000
ounces) 210 to 230 420 to 435 - 630 to 665 630 to 665
Concentrate smelted at Tsumeb is now expected to range between 155,000 and 162,000 tonnes in 2013, down from the prior guidance of 172,000 to 178,000 tonnes issued in September, 2013, due primarily to further delays associated with the construction of the second oxygen plant related to a fabrication issue with a transformer detected during commissioning. Commissioning of this oxygen plant is now expected to be completed by the end of December, 2013, after which Tsumeb is expected to ramp up to its full operating capacity.

Ore mined at Kapan is now expected to range between 450,000 and 465,000 tonnes in 2013, down from the prior guidance of 470,000 to 500,000 tonnes, reflecting lower-than-anticipated third quarter production. This has not impacted the expected metals contained in concentrate produced due to higher-than-anticipated grades. Consistent with the guidance issued in September, 2013, production is expected to range between 30,000 and 35,000 tonnes per month in the fourth quarter of 2013, as a result of a decision to reduce production to rebuild Kapan's development inventory and improve development performance in advance of resuming normal sustainable operating levels in the second quarter of 2014.

Assuming current exchange rates and expected production levels, 2013 unit cash cost per tonne of ore processed is unchanged from prior guidance, and is expected to range between $42 and $46 at Chelopech, and between $71 and $80 at Kapan. The cash cost per tonne of concentrate smelted at Tsumeb is expected to range between $415 and $435, up from the prior guidance of $345 to $370, primarily as a result of lower than anticipated volumes of concentrate smelted.

For 2013, the company's growth capital initiatives continue to be focused on the construction of an acid plant at Tsumeb, stage 1 of the pyrite project at Chelopech, securing the remaining permits and completing detailed engineering related to the Krumovgrad gold project, and exploration and development work to enhance underground operations and advance a potential expansion at Kapan. In total, these expenditures are expected to range between $210-million and $240-million, which is consistent with previous guidance. Sustaining capital expenditures are expected to range between $35-million and $45-million. Further details can be found in the company's management discussion and analysis under the section 2013 outlook.

The 2013 outlook provided may not occur evenly throughout the year. The estimated metals contained in concentrate produced and volumes of concentrate smelted may vary from quarter to quarter depending on the areas being mined, the timing of concentrate deliveries, planned outages and, in the case of Tsumeb, the existing temporary curtailment not impacting planned levels of production. Also, the rate of capital expenditures may vary from quarter to quarter based on the schedule for, and execution of, each capital project, and, where applicable, the receipt of necessary permits and approvals.

KEY FINANCIAL AND OPERATIONAL HIGHLIGHTS
(in millions of dollars, except per-share amounts and where noted)

Three months ended Nine months ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2013 2012 2013 2012

Revenue $ 92.0 $ 99.3 $ 260.2 $ 281.6
Gross profit 29.2 41.3 69.8 117.8
(Loss) earnings before income taxes (13.9) 19.9 7.2 33.4
Net (loss) earnings attributable to
common shareholders (13.3) 21.9 3.3 39.7
Basic (loss) earnings per share $ (0.10) $ 0.18 $ 0.02 $ 0.32
Adjusted EBITDA 26.5 26.5 73.8 86.8
Adjusted net earnings 10.1 18.7 20.3 59.4
Adjusted basic earnings per share $ 0.07 $ 0.15 $ 0.15 $ 0.47
Cash provided from operating activities 15.7 38.1 59.2 51.3
Cash provided from operating activities,
before changes in non-cash working
capital 30.6 35.3 63.8 90.4
Concentrate produced (mt) 31,718 35,924 105,045 103,381
Metals in concentrate produced
Gold (ounces) 32,298 33,844 117,387 109,807
Copper (000 pounds) 10,851 11,865 34,884 34,287
Zinc (000 pounds) 2,419 4,714 11,621 12,545
Silver (ounces) 127,180 185,772 497,593 522,356
Tsumeb, concentrate smelted (mt) 33,090 45,787 113,976 113,533
Deliveries of concentrates (mt) 38,749 33,934 110,363 101,687
Payable metals in concentrate sold
Gold (ounces) 40,006 32,134 116,404 99,033
Copper (000s pounds) 12,405 10,495 34,184 31,123
Zinc (000s pounds) 2,820 3,160 10,617 11,122
Silver (ounces) 158,572 156,102 404,859 367,038
Cash cost of sales per ounce of gold
sold, net of byproduct credits ($) 352 213 320 89
The condensed interim unaudited consolidated financial statements, and management discussion and analysis, for the three and nine months ended Sept. 30, 2013, are posted on the company's website and have been filed on SEDAR.

[MusterrKnabe]

Dundee ist wirklich klasse, da erspart man sich auch den Stress, den man bei MMY hat. :-)

[Kongo-Otto]

Dundee Precious Metals Announces 2013 Second Quarter Results

http://finance.yahoo.com/news/dundee-precious-metals-announc…

Dundee Precious Metals Inc. ("DPM" or the "Company") (DPM.TO)(DPM-WTA.TO) today reported second quarter 2013 net earnings attributable to common shareholders of $15.9 million ($0.12 per share) compared to $9.6 million ($0.08 per share) for the same period in 2012. Net earnings attributable to common shareholders in the first six months of 2013 were $16.6 million ($0.13 per share) compared to $17.8 million ($0.14 per share) for the same period in 2012. [...]

[Kongo-Otto]

Insider-Aktivitäten:



http://www.canadianinsider.com/node/7?ticker=DPM

[tntxrxwelle]

Antwort auf Beitrag Nr.: 44.656.603 von Kongo-Otto am 16.05.13 21:40:12

http://www.dundeeprecious.com/English/news-and-events/news-r…

"...Registered holders of Warrants are encouraged to exercise their Warrants in accordance with the procedures set forth below as soon as possible and, in any event, prior to 5:00 p.m. (Toronto time) on Monday, June 10, 2013 in order to acquire one common share of the Corporation issuable upon exercise of each Warrant at the reduced exercise price of Cdn$2.85, rather than the current exercise price of Cdn$3.25..."

So wie ich das verstehe...free lunch für Optionäre...Kursziel 2,85 $.
In einem Bullenmarkt kann ein Wert das wegpacken, aber nicht in einem Bärenmarkt.

Irgenwo hatte ich auch mal eine Begründung gelesen à la "Reduktion entspricht Zeitwert 2015" o.ä.. Alles derzeit uninteressant.