Flying Mining Initial Coverage 20171114 CH

2017 11 14
1625
| 2017 11 14 |

1625

1.
5 4

2
2017 10 31

2017 2018 82.0% 82.5%

2.
2016
www.blazing-research.com / blazing.research.m@protonmail.ch
2017 11 14
3.
10 16 10 23
4.
*
5.
6.
2014-2016 140,000
39,000 753,000
7. 12
2016 250 5%
5,000
7.8 12
10 30
2017 11 14
2017 3 9
2017 10 31
10 30
1
10 29 10 30
2017 11 14
1-2
2016 2017 4
2017 11 14
1
UTC
2017 11 14
2014-2016 2017 1-4 10,676,000

5 9
188
2017 11 14
2017 1,000 50,000

9,000 2018 1,800 70,000
18,000 189
2017 2018 39,810,000 71,420,000
2017 2018 40%
2016 9 22
2016 2
2016 28 7.9
2017 2018
39,810,000 71,420,000
5
2016
0
0
-123
-123
2
2017 11 14
6 2016
2017 11 14
7 2016
2017 11 14
2017 2018 50,000 70,000

189 2017 2018
12,250,000 17,150,000
2013 1,360 2016 102
2015 2016
258 102 2017-2018
3,000
2015 2016
8
2013 2014 2015 2016
13,603 18,635 2,580 1,018
104 244 291 275
-2,395 -880 -467 -225
-2,395 -880 -467 -225
5 4 2 4
2017 11 14
9 2015
2017 11 14
10 2016
2017 11 14
2017 2018 28,000 90,000

189 2017 2018
6,860,000 22,050,000
2013-2015 2016 559
2016 12 2016 559
2017-2018
2016
11
2013 2014 2015 2016
0 0 0 5,593
0 0 0 114
0 0 0 125
0 0 0 39
5 5 12 12
2017 11 14
12 2016
2017 11 14
2017 1,000 50,000

2018 1,800 90,000
189 2017 2018
16,500,000 29,700,000
5,000 2013 3,728 2015
2,219
5,000
5,000
2014-2016
13
2013 2014 2015 2016
37,277 34,441 22,189 25,406
610 907 499 919
2,439 1,358 -519 -1,845
1,829 794 -880 -2,374
100 110 120 120
2017 11 14
14 2014
2017 11 14
15 2015
2017 11 14
16 2016
2017 11 14
2017 1,000 50,000

2018 1,800 90,000
189 2017 2018
16,500,000 29,700,000
5
17
2013 2014 2015 2016
115,354 114,204 86,345 89,678
8,439 2,631 1,789 1,587
-1,491 -11,285 -4,958 -11,047
-1,491 -13,153 -6,210 -11,829
452 350 475 325
5
2017 2018 82.0% 82.5%
2017 1-4
10,676,000
18
2017 2018
39,810 71,420
12,250 17,150
6,860 22,050
16,500 29,700
75,420 140,320
91,920 170,020
82.0% 82.5%
189
2017 11 14
90%
90%
2014 6 23
3 60
1
19
2014 2015 2016
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
3 3 3
10%
51%
20
2013 2014 2015 2016
0 279 58 0
0 0 0 0
0 -142 -204 0
0 -142 -204 0
0 409 411 0
0 790 996 0
0 -381 -585 0
0 4 5 4
2017 11 14
10%
200-300
2017 2018
21
2013 2014 2015 2016
0 3,067 2,282 3,130
0 102 146 114
0 -127 1 -929
0 -127 -67 -929
0 5,869 5,952 5,334
0 5,074 5,223 5,675
0 796 729 -341
0 12 10 12
51%
22
2014 2015 2016
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
2017 11 14
10 16
39 2 3 01A
23 2 3 01A 10 16
2017 11 14
10 23
24 2 3 01A 10 23
2017 11 14
*2
25
26*
2017 11 14
2017 11 14
95% 5%
95% 5%
27

2017 11 14
2014-2016 140,000
39,000 753,000
28
I-33
2017 11 14
12
2012 218 2014-2016

46,037,000 2014 31,198,000 2015
10,645,000 2016 4,194,000 I-9
5,000
29
144
2016 11 24
250 5%
5,000
30 5%
125
0.5 7.8
6.7 12
12 5%
5%
2017 11 14
5%
2015 11
2016 3
2016 1
2016 1
250 2016 1 8
31
144
2017 11 14
2017 11 14
This document is for distribution only as may be permitted by law. It is not directed to, or intended for distribution
to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other
jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or
would subject Blazing Research to any registration or licensing requirement within such jurisdiction. It is published
solely for information purposes; it is not an advertisement nor is it a solicitation or an offer to buy or sell any
financial instruments or to participate in any particular trading strategy. No representation or warranty, either
expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information
contained in this document ("the Information"). The Information is not intended to be a complete statement or
summary of the securities, markets or developments referred to in the document. Blazing Research does not
undertake to update or keep current the Information. Any opinions expressed in this document may change
without notice. Any statements contained in this report attributed to a third party represent Blazing Research's
interpretation of the data, and such use and interpretation have not been reviewed by the third party.
Nothing in this document constitutes a representation that any investment strategy or recommendation is
suitable or appropriate to an investors individual circumstances or otherwise constitutes a personal
recommendation. Investments involve risks, and investors should exercise prudence and their own judgement in
making their investment decisions. The financial instruments described in the document may not be eligible for
sale in all jurisdictions or to certain categories of investors. Options, derivative products and futures are not
suitable for all investors, and trading in these instruments is considered risky.
The value of any investment or income may go down as well as up, and investors may not get back the full (or
any) amount invested. Past performance is not necessarily a guide to future performance. Neither Blazing
Research nor any of its employees or agents accepts any liability for any loss (including investment loss) or
damage arising out of the use of all or any of the Information.
Blazing Research currently does not, and will not, have any long or short positions on Flying Mining, and therefore
Blazing Research is unable to realize any gain by changes in share price of Flying Mining.
This document and the Information are provided to you solely for general background information. Blazing
Research has no regard to the specific investment objectives, financial situation or particular needs of any specific
recipient. In no circumstances may this document or any of the Information be used for any of the following
purposes:
(i) valuation or accounting purposes;

(ii) to determine the amounts due or payable, the price or the value of any financial instrument or financial
contract; or
(iii) to measure the performance of any financial instrument.
By receiving this document and the Information you will be deemed to represent and warrant to Blazing Research
that you will not use this document or any of the Information for any of the above purposes or otherwise rely
upon this document or any of the Information.
Research will initiate, update and cease coverage solely at the discretion of Blazing Research, which will also have
sole discretion on the timing and frequency of any published research product. The analysis contained in this
document is based on numerous assumptions which may not be necessarily realistic.

Flying Mining Initial Coverage 20171114 CH

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Flying Mining Initial Coverage 20171114 CH

Uploaded by

Copyright:

Available Formats

2017 11 14

2014-2016 2017 1-4 10,676,000

2017 1,000 50,000

2017 2018 50,000 70,000

2017 2018 28,000 90,000

2017 1,000 50,000

2017 1,000 50,000

2012 218 2014-2016

(i) valuation or accounting purposes;

You might also like