Silvercorp Metals - Jetzt geht\'s hier richtig los! (Seite 411)

[THEJACK]

Antwort auf Beitrag Nr.: 36.597.253 von elsolivars am 17.02.09 19:22:14

Hi,
was meint ihr ? Wird das gap (2,09) bald geschlossen ?

Cheers,
TJ

[elsolivars]

Antwort auf Beitrag Nr.: 36.595.428 von sloopjohn am 17.02.09 16:30:22

sollte wohl soviel heißen wie :

jetzt darf´s erst richtig losgehen.........

let´s get ready to rumble !!!!!!

eigentlich schön wenn man((n)-frau) letztlich dann doch
belohnt werden.
wie war das nochmal : geld kommt von geduld !!


elsolivars

[sloopjohn]

Silvercorp Update

Silvercorp Commences Trading On NYSE Alternext US

VANCOUVER, British Columbia – February 17, 2009 – Silvercorp Metals Inc. (“Silvercorp” or the “Company”), is pleased to announce that its common shares have been authorized for listing on the NYSE Alternext US, formerly the American Stock Exchange and trading commenced today under the ticker symbol “SVM”. The Company’s shares will continue to trade on the Toronto Stock Exchange under the symbol SVM.TO.

"Silvercorp is committed to raising its profile among international investors and potential global partners,” states Dr. Rui Feng, Chairman and CEO of Silvercorp. “The listing will provide an excellent platform for us to highlight our exceptionally low-cost and profitable silver and polymetallic projects, strategically located in China, to the international financial and mining community. We anticipate that the listing will give us greater visibility with new investors, enhance liquidity and ultimately lower the Company’s cost of capital to support continued growth.”

[buw]

Hallo!

Ich hab mir grad den Conference Call angehört und muss sagen, ich bin sehr beeindruckt.

Eine Frage dazu, bin leider kein Buchhalter, vielleicht hab ich das auch überhört:

Dieses Quartal wurden ja über 40 Millionen $ abgeschrieben. Operativ wurde dennoch ein Überschuss erwirtschaftet (allein schon deshalb: Hut ab!).

Meine Frage: Wenn die Minen jetzt abgeschrieben wurden, müsste das ja in Zukunft den Gewinn von SVM noch mehr in die Höhe "schnellen" lassen (wir alle gehen ja von höheren EM-Preisen aus ... und das war jetzt wohl eine blöde Bemerkung ...)

Zudem: In China wird laut CC für Blei derzeit 30 Cent pro Pfund mehr bezahlt als Spot ... interessant ... auch Eisen zieht wieder an, Kupfer hat Bodenbildung wohl vollzogen und steht kurz vorm Ausbruch ... die können die Minen wohl bald wieder anwerfen, wenns so weitergeht ...

Grüße,

buw

[donatoni]

http://www.godmode-trader.de/de/aktie-analyse/SILVERCORP-Mas…

[Despotenkiller]

Das war ja wohl ein kleines Versehen, oder???

Silvercorp Metals Inc. Regis..
Börse: XETRA
Datum: 13.02.09 --- 13:49:52 --- 3,25 € ---211 Stück

Hat wohl jemand mit CAD verwechselt und geglaubt ein besonders gutes Geschäft zu machen!
Nicht ärgern - auch diese Posi wird wohl bald grün!

[homooec]

Ergebnisse!

Silvercorp Metals Inc.

TSX: SVM


Feb 12, 2009 18:30 ETSilvercorp Announces its Financial and Operating Results for the 3rd Quarter Ended December 31, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2009) - Silvercorp Metals Inc. (TSX:SVM) (the "Company") reports the unaudited financial and operating results for the third quarter ended December 31, 2008. The financial results in the following text are expressed in US dollars (US$) unless stated otherwise.

THIRD QUARTER HIGHLIGHTS

- Earnings, before non-cash impairment charges and unrealized foreign exchange loss relating to future income tax liability arising from the acquisition of the GC&SMT projects, of $2.6 million or $0.02 per share

- Silver head grades at the Ying mine for the quarter improved 27% to 420 g/t from 331 g/t in the previous quarter ended September 30, 2008

- Cash mining costs per tonne of ore at the Ying mine for the quarter declined 19% to $45.10 from $55.71 in the previous quarter ended September 30, 2008

- 36% increase in silver resources in the Measured and Indicated categories to 80.8 million ounces

- Completion of a 10,083-meter diamond drill program at the GC project in Guangdong resulting in the discovery of 15 new veins with high-grade silver mineralization

- Achievement of key milestones on the GC mining permit application

- Cash flow from operations of $8.5 million

- Cash, cash equivalents and short term investments of $43.3 million and no debt

FINANCIAL HIGHLIGHTS

Silvercorp reported a net loss for the quarter of $33.7 million, or $0.22 per share, compared to a net income of $17.8 million, or $0.12 per share, for the same period last year. On December 30, 2008, the Company announced the suspension of mining operations at the TLP and HPG mines, the scale down of mine production at the LM mine, and the suspension of its exploration program at the Nabao Project. As a result, non-cash impairment charges of $47.4 million ($40.3 million after tax) were recorded for the quarter. In addition, the Company recorded an unrealized foreign exchange loss relating to the translation from Chinese Yuan to the Canadian dollar for a future income tax liability arising from the acquisition of the GC & SMT projects. Excluding these two exceptional items, adjusted earnings for the quarter were $2.6 million, or $0.02 per share.

Condensed unaudited statements of operations for the three and nine months ended December 31, 2008 and 2007 are as follows:



Three months ended Nine months ended December 31 December 31 2008 2008 2007 2008 2008 2007 ------------------------- --------------------------- Exclu- Exclu-(USD $000s, ding ding except per except- except- share numbers) ional ional items(i) items(i)Sales $ 15,168 15,168 30,091 66,130 66,130 $ 81,518Gross profit 5,239 5,239 24,209 36,826 36,826 64,811Accretion of assets retirement obligations (27) (27) (14) (87) (87) (44)Amortization (353) (353) (139) (794) (794) (342)Foreign exchange gain (loss)(i) 1,693 (830) (58) 5,695 2,199 (1,120)General exploration (196) (196) (228) (1,825) (1,824) (778)Impairment charges - (47,433) - - (47,800) -General administration (2,688) (2,688) (2,574) (9,096) (9,096) (5,736)Other income and expenses (240) (240) 2,142 (558) (558) 6,146 ------------------------- ---------------------------Income (loss) before income taxes and non- controlling interest 3,428 (46,528) 23,338 30,161 (21,134) 62,937Income tax (expense) recovery(i) (706) 6,434 39 (3,723) 3,417 1,406Non-controlling interest(i) (121) 6,400 (5,596) (6,039) 482 (15,265) ------------------------- ---------------------------Net income (loss) $ 2,601 (33,694) 17,781 20,399 (17,235) $ 49,078 ------------------------- --------------------------- ------------------------- ---------------------------Earnings (loss) per share $ 0.02 (0.22) 0.12 0.13 (0.11) $ 0.33
(i) exceptional items include non-cash impairment charges and unrealized foreign exchange loss relating to the translation from Chinese Yuan to Canadian dollars for future income tax liability arising from the acquisition of the GC & SMT projects.



For the three months ended December 31, 2008, the Company achieved sales of $15.2 million, a decline of 50% compared to sales of $30.1 million for the same period last year. Gross profit from operations amounted to $5.2 million, a decrease of 78% compared to $24.2 million for the three months ended December 31, 2007, representing a gross margin of 35% (three months ended December 31, 2007 - 80%).

For the nine months ended December 31, 2008, the Company achieved sales of $66.1 million, down 19% from sales of $81.5 million for the same period last year. Gross profit from operations amounted to $36.8 million, a decrease of 43% compared to the $64.8 million for the nine months ended December 31, 2007, representing a gross margin of 56% (nine months ended December 31, 2007 - 80%).

Cash provided by operating activities for the three months ended December 31, 2008, was $8.5 million, a decrease of 63% from $23.1 million for the same period last year.

Cash provided by operating activities for the nine months ended December 31, 2008, was $36.4 million, a decrease of 42% from $62.6 million for the same period last year.

For the three months ended December 31, 2008, the Company achieved 38% higher production levels in terms of the tonnes of ore mined over the same period last year. However, sales, earnings and cash provided by operating activities decreased, mainly due to the following:

(i) during the quarter, the Net Smelter Return (NSR) for silver, lead and zinc decreased by 39%, 49% and 32%, respectively, compared to the previous quarter, and by 34%, 60% and 60%, respectively, compared to the same quarter last year. During the nine months ended December 31, 2008, the NSR for silver, lead and zinc dropped by 1%, 27% and 55%, respectively, compared to the same period last year; and

(ii) a total of $47.4 million ($40.3 million after tax) in impairment charges and a $2.5 million unrealized foreign exchange loss relating to the translation from Chinese Yuan to the Canadian dollar for a future income tax liability arising from the acquisition of the GC & SMT projects were recorded in the current quarter while $nil was recorded in the same quarter last year.

The Company ended the quarter with $43.3 million in cash and cash equivalents and short-term investments, after making dividend payments of $3.0 million to shareholders and $3.6 million in capital expenditures.

Capital expenditures during the nine months ended December 31, 2008, amounted to $47.6 million (nine months ended December 31, 2007 - $29.8 million), representing the purchase of mineral rights and properties and deferred exploration costs totaling $36.4 million (nine months ended December 31, 2007 - $26.4 million) and the purchase of equipment and construction of a new mill totaling $11.2 million (nine months ended December 31, 2007 - $3.4 million).

OPERATIONS HIGHLIGHTS

Total sales and selling prices (NSR, net of smelter charges and the value added tax) for the three months ended December 31, 2008, compared to the same period of last year, are as follows:



Three months ended December 31 ----------------------------------------------------------------- Quantity Metal Prices Sales Revenue 2008 2007 2008 2007 2008 2007 --------------------- ------------------ ---------------------Silver (ounces) 1.1 1.1 $ 7.34 $ 11.09 $8.0 $12.1 million million million millionGold (ounces) 601 853 449.52 664.33 0.3 0.6 million millionLead (pounds) 14.8 13.8 0.41 1.02 6.1 14.0 million million million millionZinc (pounds) 3.0 4.9 0.28 0.70 0.8 3.4 million million million million ----------------------------------------------------------------



For the three months ended December 31, 2008, 121,946 tonnes of ore were mined, representing a 38% increase compared to the same period last year. Of this amount, 3,288 tonnes were hand sorted for direct shipment to smelters and the remaining 118,658 tonnes were shipped to mills for processing. A total of 115,227 tonnes of ore were treated in Silvercorp's mills to produce silver-lead and zinc concentrates.

For the nine months ended December 31, 2008, 376,099 tonnes of ore were mined, representing a 61% increase compared to the same period last year. Of this amount, 5,994 tonnes were hand sorted for direct shipment to smelters and 370,106 tonnes of ores were shipped to mills for processing. A total of 366,944 tonnes of ore were treated in mills to recover silver-lead and zinc concentrates.

For the three months ended December 31, 2008, the cash unit mining cost per tonne of ore decreased by 8% to $42.57, compared to a cash unit mining cost of $46.49 in the same quarter last year. On a sequential basis, the cash mining cost per tonne of ore decreased by 19% to $42.57 in the current quarter from $52.33 in the quarter ended September 30, 2008, as a result of operational improvements.

For the three months ended December 31, 2008, the total mining cost per tonne of ore mined increased by 19% to $64.30 per tonne compared to $53.92 per tonne in the same period last year. The total mining cost is comprised of a cash unit mining cost of $42.57 per tonne (same period last year - $46.49 per tonne) and a non-cash unit mining cost of $21.73 per tonne (same period last year - $7.43 per tonne).

The Company continues to achieve industry-leading low total production costs per ounce of silver. For the three months ended December 31, 2008, the total production cost per ounce of silver and total cash cost per ounce of silver adjusted for by-product credits were $2.54 (same period last year - negative $11.18) and $0.25 (same period last year - negative $12.10), respectively. This increase was mainly caused by the reduction in by-product credits as the average selling price of lead fell 60% from $1.02 to $0.41 per pound and the average selling price of zinc fell 60% from $0.70 to $0.28 per pound compared to same quarter last year.

Ying Mine

The following table lists the grade changes over the last five quarters at the Ying Mine:



------------------------------------------------- Q3 2009 Q2 2009 Q1 2009 Q4 2008 Q3 2008 31-Dec-08 30-Sep-08 30-Jun-08 31-Mar-08 31-Dec-07--------------------------------------------------------------------------Run of Mine Ores (tonne) Direct Smelting Ores (tonne) 3,114 2,387 3,071 2,673 3,210 Ores Milled (tonne) 70,854 69,493 74,691 51,996 64,635 ------------------------------------------------- 73,968 71,880 77,762 54,669 67,845 -------------------------------------------------Head Grades of Run of Mine Ores Silver (gram/tonne) 420.2 331.2 396.0 488.9 461.7 Lead (%) 7.7 6.0 6.7 8.1 7.5 Zinc (%) 2.6 2.5 3.3 3.8 3.6--------------------------------------------------------------------------



Compared with the quarter ended September 30, 2008, head grades improved as a result of operational improvements. During this quarter, the Company enhanced its quality control procedures and applied a more systematic approach in monitoring daily production and the management of mining contractors.

HPG Mine

The following table lists the grade changes over the last five quarters at the HPG Mine:



------------------------------------------------- Q3 2009 Q2 2009 Q1 2009 Q4 2008 Q3 2008 31-Dec-08 30-Sep-08 30-Jun-08 31-Mar-08 31-Dec-07--------------------------------------------------------------------------Run of Mine Ores (tonne) Direct Smelting Ores (tonne) 162 135 193 496 481 Ores Milled (tonne) 23,692 19,233 13,163 12,645 16,434 ------------------------------------------------- 23,854 19,368 13,356 13,141 16,915 -------------------------------------------------Head Grades of Run of Mine Ores Silver (gram/tonne) 108.8 134.6 248.3 198.9 217.3 Lead (%) 4.6 4.2 9.7 7.9 6.5 Zinc (%) 1.2 0.9 0.6 1.1 0.7--------------------------------------------------------------------------



LM Mine

The LM Mine was in its third quarter of test production. The following table lists the grade changes over the last three quarters:



For the Quarters Ended ----------------------------- Q3 2009 Q2 2009 Q1 2009 31-Dec-08 30-Sep-08 30-Jun-08----------------------------------------------------------------Run of Mine Ores (tonne) Direct Smelting Ores (tonne) 4 15 71 Ores Milled (tonne) 10,118 8,441 11,516 ----------------------------- 10,122 8,456 11,587 -----------------------------Head Grades of Run of Mine Ores Silver (gram/tonne) 307.3 309.7 305.4 Lead (%) 1.9 2.4 2.0----------------------------------------------------------------



TLP Mine

The TLP Mine was in its third quarter of test production. The following table lists the grade changes over the last three quarters:



For the Quarters Ended ----------------------------- Q3 2009 Q2 2009 Q1 2009 31-Dec-08 30-Sep-08 30-Jun-08 -----------------------------Run of Mine Ores (tonne) Direct Smelting Ores (tonne) 8 34 53 Ores Milled (tonne) 10,563 28,532 23,404 ----------------------------- 10,571 28,566 23,457 -----------------------------Head Grades of Run of Mine Ores Silver (gram/tonne) 181.4 140.3 183.0 Lead (%) 2.8 2.0 2.7----------------------------------------------------------------



OUTLOOK

In light of reduced global commodity prices, the Company has adjusted its China operations strategies in order to preserve cash and maintain positive operating cash flows. Mining operations at the TLP and HPG mines were suspended in late December 2008 while mining capacity in the LM Mine has been scaled down from approximately 150 tonnes per day to 100 tonnes per day with mining activities focusing on higher grade zones.

At the Ying mine -- which has accounted for 79% of sales in the year to date -- mining, development and exploration are proceeding as planned with production being maintained at 700-750 tonnes of ore per day. Production at the mine is forecast to be 260,000 tonnes of ore for fiscal 2010. Projected head grades, recovery rates and metal production for the Ying mine are listed in the table below:



-------------------------------------------------------------------------Ying Mine Production ForecastFiscal 2010 (Ending March 31, 2010)-------------------------------------------------------------------------Ore mined/milled Commodity Grade Recoveries Projected metal sales------------------------------------------------------------------------- Silver 480g/t 91% 3.65 Million oz ------------------------------------------------------260,000 Tonnes Lead 9% 95% 49 Million lbs ------------------------------------------------------ Zinc 3% 72% 12 Million lbs-------------------------------------------------------------------------



Meanwhile, the Company will focus on mine development at the TLP, LM and HPG mines in preparation for reviving production once metal prices improve. By-production ore from mine development at the TLP, LM and HPG mines are expected to yield approximately 0.4 million ounces of silver to bring the total silver production from the Ying Mining Camp to around 4.05 million ounces in fiscal 2010.

Using metal prices in mid-January 2009 and the above production projections, the Company's mining operations are projected to operate with a gross profit margin of between 55% and 65%, resulting in expected cash flows from operations of $30 million to $35 million. Capital expenditures for fiscal 2010 are budgeted at $16 million for the Ying Mining Camp, including $11 million for the Ying Mine and $5 million for the TLP, LM and HPG mines.

For the GC project in the southern Chinese province of Guangdong, a Phase II 3,000-meter diamond drill program will commence in March 2009 with a resource estimate update expected in June 2009. The Company plans to complete an Environmental Assessment Study of the project by the end of March 2009 after which a mining permit application will be submitted to the Ministry of Land and Resources of China in Beijing. The Company has budgeted approximately $4 million for the GC project in fiscal 2010 for exploration and the permitting process. This brings the Company's overall capital expenditures budget for fiscal 2010 to $20 million.

The Company's Audited Annual and Unaudited Interim Consolidated Financial Statements and Management's Discussion and Analysis are available for review on the corporate website at www.silvercorp.ca and through SEDAR at www.sedar.com.

Selected unaudited interim consolidated results for the three and nine months ended December 31, 2008 (Canadian GAAP) are attached to this news release.

CONFERENCE CALL AND WEBCAST INFORMATION

A conference call and live audio webcast to discuss these results have been scheduled as follows:

Date: Friday, February 13, 2009

Time: 9:00 am PST (12:00 pm EST)

Dial-In Number: 1-612-332-0107

Live audio webcast: www.silvercorp.ca (click on the link on the home page)

Playback webcast can be accessed at: www.silvercorp.ca

About Silvercorp Metals Inc.

Silvercorp Metals Inc., China's largest primary silver producer, is engaged in the acquisition, exploration and development of silver related mineral properties located in the People's Republic of China ("China"). Silvercorp Metals Inc. is operating and developing four Silver-Lead-Zinc mines at the highly profitable Ying Mining Camp, Henan Province, China. Silvercorp is also applying for a mining permit at the newly acquired, 95% owned, GC&SMT property to profitably mine and produce silver, lead and zinc in Guangdong Province, China. The Company's common shares are included as a component of the S&P/TSX Composite and the S&P/TSX Global Mining Indexes.

CAUTIONARY DISCLAIMER -- FORWARD LOOKING STATEMENTS

Statements in this press release other than purely historical factual information, including statements relating to mineral resources and reserves, or the Company's future plans and objectives, or expected production levels, head grades, recovery rates, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration, development, and mining. Production and revenue projections are based not on mineral reserves but on mineral resources which do not have demonstrated economic viability. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. This press release should be read in conjunction with the Company's Management Discussion and Analysis and the Company's unaudited interim consolidated financial statements for the three and nine months ended December 31, 2008. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. We seek safe harbour.



SILVERCORP METALS INC.CONSOLIDATED BALANCE SHEETS(Unaudited - Expressed in US Dollars)
Notes December 31, 2008 March 31, 2008--------------------------------------------------------------------------
ASSETS
Current Assets Cash and cash equivalents $ 28,807,706 $ 47,092,890 Short term investments 14,507,243 37,145,656 Accounts receivable and prepaids 3,272,043 5,259,699 Inventories 3&8 4,467,469 2,389,175-------------------------------------------------------------------------- 51,054,461 91,887,420
Long term prepaids 8 2,077,250 5,194,431Long term investments 4 15,012,460 17,873,887Property, plant and equipment 5&8 27,157,876 14,349,572Mineral rights and properties 6&8 89,489,700 60,904,275Reclamation deposits 8,166 9,729Future income tax assets 1,960,315 --------------------------------------------------------------------------- $ 186,760,228 $ 190,219,314----------------------------------------------------------------------------------------------------------------------------------------------------
LIABILITIES
Current Liabilities Accounts payable and accrued liabilities $ 10,210,253 $ 7,026,628 Deposits received from customers 1,022,113 2,573,202 Dividends payable 2,475,698 - Income tax payable 663,568 719,557 Amounts due to related parties 12 2,803,994 12,070,732-------------------------------------------------------------------------- 17,175,626 22,390,119
Future income tax liabilities 6 19,734,004 6,345,898Asset retirement obligation 7 2,135,454 1,225,829-------------------------------------------------------------------------- 39,045,084 29,961,846
Non-controlling interests 9 11,945,831 11,265,197
SHAREHOLDERS' EQUITY
Share capital 10 112,968,955 78,334,543Contributed surplus 3,657,611 1,722,036Reserves 11 11,059,771 2,077,628Accumulated other comprehensive income (Loss) (5,428,199) 14,121,627Retained earnings 13,511,175 52,736,437-------------------------------------------------------------------------- 135,769,313 148,992,271--------------------------------------------------------------------------
$ 186,760,228 $ 190,219,314----------------------------------------------------------------------------------------------------------------------------------------------------Commitments 4, 6&16
Approved on behalf of the Board:
(Signed) Robert Gayton-------------------------------Director
(Signed) Rui Feng-------------------------------Director
The accompanying notes are an integral part of these unaudited interimconsolidated financial statements.
SILVERCORP METALS INC.CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited - expressed in US Dollars except for share figures)
Three months ended Nine months ended December 31, December 31, ---------------------------------------------------------- Notes 2008 2007 2008 2007--------------------------------------------------------------------------
Sales $ 15,167,797 $ 30,090,695 $ 66,130,673 $ 81,518,183--------------------------------------------------------------------------
Cost of sales 7,439,333 4,889,057 23,046,247 13,655,741Amortization and depletion 2,489,048 992,436 6,258,501 3,051,395-------------------------------------------------------------------------- 9,928,381 5,881,493 29,304,748 16,707,136--------------------------------------------------------------------------
Gross profit 5,239,416 24,209,202 36,825,925 64,811,047--------------------------------------------------------------------------
Expenses Accretion of asset retirement obligations 7 26,690 14,349 87,254 44,257 Amortization 353,483 139,495 793,575 342,060 Foreign exchange loss (gain) 830,196 57,198 (2,199,342) 1,119,563 General exploration and property investigation expenses 195,687 228,127 1,825,218 778,604 Impairment charges 8 47,433,476 - 47,800,181 - Investor relations 87,158 81,953 441,031 214,543 Office, administration and miscellaneous 2,415,896 2,015,761 7,296,364 4,844,211 Professional fees 184,978 476,041 1,358,497 676,986-------------------------------------------------------------------------- 51,527,564 3,012,924 57,402,778 8,020,224--------------------------------------------------------------------------Earnings (loss) before other income and expenses (46,288,148) 21,196,278 (20,576,853) 56,790,823Other income and expenses Equity loss in investment 4 (22,398) (68,035) (1,466,735) (171,630) Loss on disposal of mineral rights and property 6 (819,213) - (819,213) - Loss on disposal of property, plant and equipment 5 (9,495) - (18,999) (48,130) Interest income 246,095 803,075 1,266,197 1,892,004 Other income 364,931 1,406,849 480,756 4,474,093-------------------------------------------------------------------------- (240,080) 2,141,889 (557,994) 6,146,337
Income (loss) before income taxes and non- controlling interests (46,528,228) 23,338,167 (21,134,847) 62,937,160
Income tax expense (recovery) Current 778,752 (43,164) 4,182,769 (1,546,714) Future 8 (7,212,369) 4,031 (7,600,080) 140,888-------------------------------------------------------------------------- (6,433,617) (39,133) (3,417,311) (1,405,826)
Income (loss) before non- controlling interests (40,094,611) 23,377,300 (17,717,536) 64,342,986
Non- controlling interests 9 6,399,690 (5,596,340) 482,149 (15,264,994)--------------------------------------------------------------------------
Net income (loss) $ (33,694,921) $ 17,780,960 $ (17,235,387) $ 49,077,992----------------------------------------------------------------------------------------------------------------------------------------------------
Basic earnings (loss) per share $ (0.22) $ 0.12 $ (0.11) $ 0.33----------------------------------------------------------------------------------------------------------------------------------------------------Diluted earnings (loss) per share $ (0.22) $ 0.12 $ (0.11) $ 0.33----------------------------------------------------------------------------------------------------------------------------------------------------Weighted Average Number of Shares Outstanding- Basic 151,689,501 148,088,464 151,760,854 147,237,094----------------------------------------------------------------------------------------------------------------------------------------------------Weighted Average Number of Shares Outstanding- Diluted 151,689,501 150,933,410 151,760,854 150,565,280----------------------------------------------------------------------------------------------------------------------------------------------------
The accompanying notes are an integral part of these unaudited interimconsolidated financial statements.
SILVERCORP METALS INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited - Expressed in US Dollars)
Three months ended Nine months ended December 31, December 31, --------------------------------------------------------- 2008 2007 2008 2007--------------------------------------------------------------------------
Net income (loss) for the period $ (33,694,921) $ 17,780,960 $ (17,235,387) $ 49,077,992Other comprehensive income (loss), net of taxes: Transition adjustment to opening balance upon adoption of new standards - - - 10,000 Unrealized loss on available for sale securities (43,204) - (107,018) - Unrealized exchange gain on translation of self-sustaining foreign operations 9,642,253 88,933 10,191,073 1,316,588 Unrealized exchange gain (loss) on translation of functional currency to reporting currency (23,342,658) 1,127,263 (29,633,881) (3,882,787)--------------------------------------------------------------------------Other comprehensive income (loss) (13,743,609) 1,216,196 (19,549,826) (2,556,199)--------------------------------------------------------------------------Comprehensive income (loss) $ (47,438,530) $ 18,997,156 $ (36,785,213) $ 46,521,793----------------------------------------------------------------------------------------------------------------------------------------------------
The accompanying notes are an integral part of these unaudited interimconsolidated financial statements.
SILVERCORP METALS INC.CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited - Expressed in US Dollars)
Three months ended Nine months ended December 31, December 31,-------------------------------------------------------------------------- 2008 2007 2008 2007--------------------------------------------------------------------------Cash provided by (used for)Operating activities Net income (loss) for the period $ (33,694,921) $ 17,780,960 $ (17,235,387) $ 49,077,992 Add (deduct) items not affecting cash: Accretion of asset retirement obligations 26,690 14,349 87,254 44,257 Amortization 2,842,531 1,131,931 7,052,076 3,393,455 Equity Investment loss (gain) 22,398 68,035 1,466,735 171,630 Future income tax expenses (recovery) (7,212,369) 4,031 (7,600,080) 140,888 Impairment charges 47,433,476 (1,336,364) 47,800,181 - Loss on disposal of mineral property 819,213 - 819,213 - Loss on disposal of property, plant, and equipment 9,495 - 18,999 48,130 Mineral property option income - - - (4,388,267) Non-controlling interests (6,399,690) 5,596,340 (482,149) 15,264,994 Stock-based compensation 727,482 750,687 1,995,629 1,878,054 Unrealized foreign exchange loss on future income tax liabilities 2,523,023 - 3,495,171 --------------------------------------------------------------------------- 7,097,328 24,009,969 37,417,642 65,631,133
Net change in non-cash working capital Accounts receivable and prepaids 2,161,729 2,925,623 2,174,465 (1,596,359) Inventory (113,148) (137,646) (2,532,188) 632,257 Accounts payable and accrued liabilities (621,539) (2,430,917) 899,293 971,964 Asset retirement obligation discharged upon payment - (149,692) - (513,831) Income tax payable 653,209 (44,975) (61,055) (1,611,566) Deposits received from customers (668,778) (1,040,242) (1,537,741) (958,133)-------------------------------------------------------------------------- Cash provided by operating activities 8,508,801 23,132,120 36,360,416 62,555,465--------------------------------------------------------------------------
Investing activities Acquisition of mineral rights and properties (995,888) (21,307,510) (36,401,652) (26,371,128) Acquisition of property, plant, and equipment (2,562,895) (1,238,123) (11,172,542) (3,433,118) Purchase of long term investments (145,408) (1,974,348) (145,408) (3,903,772) Decrease (increase) of short term investments (2,458,413) 3,291,627 22,395,700 (28,325,715) Decrease (increase) in long term prepaids (2,428,912) 233,163 (1,853,071) (3,763,724) Proceeds from disposal of mineral rights and properties 814,283 - 814,283 - Proceeds from disposal of property, plant, and equipment 1,745 - 1,745 157,352 Distribution to non-controlling interest shareholder - - (11,199,489) (3,371,257) Cash dividends distributed (2,990,467) (6,891,019) (2,990,467) (6,891,019) Non-controlling interest contribution 215,003 - 215,003 --------------------------------------------------------------------------- Cash used in investing activities (10,550,952) (27,886,210) (40,335,898) (75,902,381)--------------------------------------------------------------------------
Financing activities Repayment from (advance to) related parties (1,100,455) (106,810) 188,368 (1,501,842) Advance (repayment) under loans payable - (540,605) - 1,688,814 Share subscriptions for cash, net of commission and expenses - - 21,091 1,818,550 Shares returned to treasury for cancellation (420,742) 616,636 (9,472,891) --------------------------------------------------------------------------- Cash provided by (used in) financing activities (1,521,197) (30,779) (9,263,432) 2,005,522--------------------------------------------------------------------------
Effect of exchange rate changes on cash and cash equivalents (4,122,641) 1,167,826 (5,046,270) 5,292,864
Decrease in cash and cash equivalents (7,685,987) (3,617,043) (18,285,184) (6,048,530)
Cash and cash equivalents, beginning of period 36,493,693 50,898,981 47,092,890 53,330,468--------------------------------------------------------------------------
Cash and cash equivalents, end of period $ 28,807,706 $ 47,281,938 $ 28,807,706 $ 47,281,938----------------------------------------------------------------------------------------------------------------------------------------------------Supplemental information: Interest paid $ - $ 13,480 $ 29,968 $ 30,000 Income tax paid $ - $ - $ 4,148,853 $ -
Non-cash investing activities: Common shares issued for mineral rights and properties $ - $ - $ 36,484,591 $ - Common shares of New Pacific Metals Corp. received as partial consideration for the Option Agreement related to Kang Dian Project Note 9 $ - $ 1,336,364 $ - $ 4,388,267 Capitalized future income tax on acquisiton of mineral rights and properties $ - $ - $ 19,220,433 $ - Capitalized asset retirement obligation as per initial measurement $ - $ - $ 726,460 $ -
The accompanying notes are an integral part of these unaudited interimconsolidated financial statements.
SILVERCORP METALS INC.CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY(Unaudited - expressed in US Dollars except for share figures)
-------------------------------------------------------------------------- Share capital -------------------------- Number of Contributed Notes shares Amount surplus--------------------------------------------------------------------------Balance, March 31, 2007 145,957,938 $ 74,336,151 $ 954,041Transition adjustment to opening balance - - -Options exercised 3,448,896 2,225,239 -Warrants exercised 9,750 68,463 -Cancellation of fraction shares (108) - -Value of options transferred upon exercised - 1,704,690 (1,704,690)Stock based compensation - - 2,472,685Unrealized loss on available for sale securities - - -Appropriation to reserves - - -Cash dividends declared and distributed - - -Earnings of the year - - -Unrealized gain on translation of self-sustaining operation - - -Unrealized gain on translation functional currency to reporting currency - - ---------------------------------------------------------------------------Balance, March 31, 2008 149,416,476 78,334,543 1,722,036Options exercised 4,482 21,091 -Shares issued for property 4,532,543 36,484,591 -Cancellation of shares under normal course issuer bid 10(b) (2,366,500) (1,884,815) (46,509)Value of options transferred upon exercised - 13,545 (13,545)Stock based compensation - - 1,995,629Unrealized loss on available for sale securities - - -Appropriation to reserves 11 - - -Cash dividends declared and distributed 10(e) - - -Loss of the period - - -Unrealized gain on translation of self-sustaining operation - - -Unrealized loss on translation functional currency to reporting currency - - ---------------------------------------------------------------------------Balance, Decembeer 31, 2008 151,587,001 $ 112,968,955 $ 3,657,611----------------------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------- Accumu- lated other compre- Retained Total hensive earnings shareholders' Reserves income (loss) (deficit) equity--------------------------------------------------------------------------Balance, March 31, 2007 $ - $ 479,795 $ 1,767,831 $ 77,537,818Transition adjustment to opening balance - 8,674 - 8,674Options exercised - - - 2,225,239Warrants exercised - - - 68,463Cancellation of fraction shares - - - -Value of options transferred upon exercised - - - -Stock based compensation - - - 2,472,685Unrealized loss on available for sale securities - (48,643) - (48,643)Appropriation to reserves 2,077,628 - (2,077,628) -Cash dividends declared and distributed - - (6,891,020) (6,891,020)Earnings of the year - - 59,937,254 59,937,254Unrealized gain on translation of self-sustaining operation - 3,972,486 - 3,972,486Unrealized gain on translation functional currency to reporting currency - 9,709,315 - 9,709,315--------------------------------------------------------------------------Balance, March 31, 2008 2,077,628 14,121,627 52,736,437 148,992,271Options exercised - - - 21,091Shares issued for property - - - 36,484,591Cancellation of shares under normal course issuer bid - - (7,541,567) (9,472,891)Value of options transferred upon exercised - - - -Stock based compensation - - - 1,995,629Unrealized loss on available for sale securities - (107,018) - (107,018)Appropriation to reserves 8,982,143 - (8,982,143) -Cash dividends declared and distributed - - (5,466,165) (5,466,165)Loss of the period - - (17,235,387) (17,235,387)Unrealized gain on translation of self-sustaining operation - 10,191,073 - 10,191,073Unrealized loss on translation functional currency to reporting currency - (29,633,881) - (29,633,881)--------------------------------------------------------------------------Balance, Decembeer 31, 2008 $ 11,059,771 $ (5,428,199) $13,511,175 $ 135,769,313----------------------------------------------------------------------------------------------------------------------------------------------------
The accompanying notes are an integral part of these unaudited interimconsolidated financial statements.






For more information, please contact

Silvercorp Metals Inc.
Rui Feng
Chairman & CEO
[phone] or Toll Free: 1-888-224-1881

or

Silvercorp Metals Inc.
Lorne Waldman
Corporate Secretary
[phone] or Toll Free: 1-888-224-1881
[phone] (FAX)
Email: [e-mail]

Quelle:
http://www.marketwire.com/press-release/Silvercorp-Metals-In…

[MrRipley]

Antwort auf Beitrag Nr.: 36.568.261 von Despotenkiller am 12.02.09 19:09:04

bei 2,2 hätte ich auch den SL gesetzt. Ich denke ebenso, dass dieser Kurs nicht mehr erreicht wird in den nächsten 10 Jahren.

[Despotenkiller]

Hallo Leute,

wollte mich mal bei allen, die hier so fachkundig posten, bedanken. Ihr wisst ja, nachdem ich überzeugt war vom Unternehmen und seinen Aussichten, habe ich ja relativ günstig eingekauft, aber mich danach nicht mehr so intensiv mit dem Wert beschäftigt, will heißen: ich verlass mich auf Eure Infos!!

Konnte heute die 100%-Gewinn-Schwelle überschreiten, aber ich denke nicht daran zu verkaufen.

Einen gedanklichen SL habe ich mir bei 2,20 CAD gesetzt, befürchte aber nicht, dass der überhaupt noch jemals erreicht werden könnte.

Danke und LG

DK

[MrRipley]

Antwort auf Beitrag Nr.: 36.568.135 von Opa_Klaus am 12.02.09 18:51:44

Es wurde einfach die 3,4/3,5 überrannt. Seht auf die Umsätze heute an diesem Punkt, dort waren viele (Kauf)Orders gesammelt, aus charttechnischen Gründen.
Wäre der Silberpreis nicht positiv, wäre diese Marke wohl ebensowenig genommen worden.
Die Zahlen morgen werden nicht viel aussagen!