that is the day the longs will learn about the HUGE increase in input costs that have occurred that is not priced in yet, as they only seem to be focusing on the top line potash pricing... it will be a fun day for sure.
You know trader, you are an obnoxious being. Most would tell me to not pay attention to you. But alas, I have a degree in Bichology, so for me it´s fun, in other words you and others like you make my day. Why are you stil on this board????? You think this stock is a PIG, but yet you post. Are you some sick arse freak of nature that had nothing better do do. You know you are full of mierda, lonely arse pricko.
LOL, only said one word in Spanish. The rest was mispelled, you cannot say curse words on the boards, so I mispelled them. Think about if what is an arse? Bicology, left out the letter "T" nd H after the letter C. Oh the word in Spanish was Mierda, google it. Give you a hint ever change a poopy diaper? That word POOPY, is it but in the worst curse word,
wrong, CAPEX will absolutely impact earnings via deprecation over the life of the project... to be sure, the cash impact will be felt immediately which is what i think you are thinking about, but CAPEX is simply capitalized cost that is depreciated...
correct, however the depreciation is not over the life of the project. It can be depreciated over the expected life of the asset in question. Therefore it will be depreciated over a much larger number of years minimizing its effect on earnings.
project... a mine as in this example... if we are to take the project to be a mine as is the case here, then the cost is depreciated over the estimated life of the mine. now, we can of course get into the details of determining depreciable life, slicing costs into stages, depreciating different items at different lives, etc... but i am pretty sure that goes way beyond the point that was initially brought up... and that was... "how will the recent capex announced plans impact the upcoming earnings release?"... answer... not one bit...
The market has been highly responsive to earning forecasts. Even if SQM blows earnings out of the water, any projected decrease for next quarter could send this stock down another 20%. If we see a pre-earnings run up, I'll drop most of my position and re-buy after. There is far too much volatility (unfounded, IMO) in the market right now.