Case 11: Southport Minerals‚ Inc. 1. What did Southport Minerals confront in 1964? Did the Firstburg investment opportunity fit well with Southport’s needs in 1970? Southport confronted a period of tightening supplies and rising sulfur prices which lead to a sharp increase in profitability for the company. Profit after tax had jumped from $12.8 million in 1963 to $15.3 million in 1964 increasing its EPS to 1.00 a share while still maintaining a dividend of .60 a share while actually lowering
Premium Finance Debt Investment
Southport Minerals‚ Inc – some points to remember • Financial architecture (financing program) can transform a negative NPV project into a positive NPV project value addition done by financial manager. • Southport Indonesia (SI)‚ a wholly-owned subsidiary of Southport Minerals‚ entrusted with a responsibility of mining the copper ore at Firstburg‚ Indonesia. o Initial experiments established that Firstburg mine contained 33 million tons of copper ore with an average copper content of 2.5%
Premium Finance Mineral Investment
Texas Minerals Inc. Audit Memo To: Daniel Alfredsson Date: Monday August31‚ 2013 Re: Audit Planning Memo for Texas Minerals This is not the first time audit of TX Minerals Inc. (TX). We have been auditing this firm for the past 20 years. This reduces the overall engagement risk. Our auditing firm should be pretty familiar with our client’s fertilizer business and the general control environment is well known to us as well. So‚ in theory‚ we should be able to rely on the internal control structure
Premium Balance sheet Asset Revenue
ruedzTrente-Sit-Ponts3‚1400ToulouseCedetFrance AssrRAcr Digital image-analysisis usedfor counting(modalanalysis)andmeasuringgrains(textureandfabric analysis). Traditionally‚ minerals are visually recognized and manually outlined prior to digitizing aud subsequentanalysis. This limitation can be overcomeby using multichannelmethodsoi classification‚in which the minerals in multichanneldigital i-agesareaccuratelyrecogpi;donthebasisoftheiruniquespectralorelementalsignaturese‚stablishedbyatrainingstage prioi to
Premium Mineral Identification
Minerals are elements that originate in the Earth and cannot be made by living organisms. They are natural compounds formed through geological processes and are what remains as ash when plant or animal tissue is burned or decompose completely after death. Minerals are inorganic substances which means they are not formed by living matter and contain no carbon‚ and can be simply defined as chemical molecules which cannot be reduced to simpler substances. To be classified as a "true" mineral‚ a substance
Premium Aluminium Dietary mineral Mineral
MINERALS * Minerals - Naturally occurring * Inorganic * Solid substance * Definite chemical composition * Minerals have an ordered atomic arrangement HOW MINERALS FORMED? * Crystallization from magma * Precipitation * Pressure and Temperature * Hydrothermal Solutions PROPERTIES OF A MINERAL * Color - small amounts of different elements can give the same mineral different colors. * Hardness - is a measure of the resistance of a mineral to being
Premium Mineral
A mineral is any naturally occurring‚ inorganic substance‚ often additionally characterized by an exact crystal structure. Its chemical structure can be exact‚ or can vary within limits. Minerals possess a number of properties that are used as an aid in their identification just like color‚ luster‚ streak‚ cleavage‚ hardness‚ specific gravity‚ and even by their chemical properties‚ composition‚ Hardness‚ Crystal Form‚ Electrical Properties and Melting Points. Here I got a mineral as shown in the
Premium Chemistry Crystal Fundamental physics concepts
NSC Minerals is an ever expanding company which supplies Canada and some parts of the United States with many of the Highway De-icers‚ Livestock Feed Supplements‚ Hide Curing‚ Drilling Muds‚ Water Softening‚ Road Stabilization‚ and Industrial Applications used throughout the year. There are two office locations‚ one in Calgary and the head in Saskatoon. There are also four plant locations: Vanscoy‚ Fort Saskatchewan‚ Rocanville and the
Premium Corporation United States Canada
PART I: INTRODUCTION/BACKGROUND SUMMARY My name is Natasha Mortimore and I have provided a detailed case analysis based upon “Dell‚ Inc. in 2006: Can Rivals Beat its Strategy?” In 1984‚ Michael Dell formed a company now known as dell‚ Inc. with a strategy to sell build-to-order computers directly to its customers. Customers would have to phone‚ fax‚ or order their custom built computers which eliminated the expense of middlemen known as resellers. Between the years of 1986-1993‚ Dell had to refine
Premium Marketing Personal computer
Case Analysis: Apple‚ Inc. (Case Study) Unit 1 Rolf Vonderheide Kaplan University GB520 Strategic Human Resource Management Professor Steven Cates November 11‚ 2014 Introduction The purpose of this case analysis is to answer the following question as it relates to Apple‚ Inc. “What is strategic management and why is it crucial to the success of an organization in meeting its goals and mission?” Strategic Management refers to the set of decisions and actions used to formulate and implement strategies
Premium Steve Jobs Apple Inc.