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Re: When your MD does the ramping.
Posted: Wed Jul 06, 2022 10:58 am
by speedymeadie
Hi Hizer. The 10p being a bargain is about the nearest to fact in your post. The calcs you have done are too casual and there are many many factors to include in estimating future SP. The main one for me is the POG and it will be substantially higher than $1800/oz and AISC will be lower due to the CU and other minerals. I still like the look of mickys £1.44p. ATB Speedy
Re: When your MD does the ramping.
Posted: Wed Jul 06, 2022 11:54 am
by Acechaser
I like the sound of your twaddle. I think it was Zoros who who always signed off on a greatland goldfields 1.44
Re: When your MD does the ramping.
Posted: Wed Jul 06, 2022 11:01 pm
by Mad Mag
Hi Acechaser, think that quote belongs to Zelos, not Zoros, and the amount quoted was £5. I'll happily settle for £1.44 though!!
Re: When your MD does the ramping.
Posted: Wed Jul 06, 2022 11:43 pm
by zoros
It was indeed Zelos (or was it Mickey?).
Variables to consider:
Recovery rates (ie: 84%for the gold).
Au Vs AuEq.
20Moz would be over the lifetime of the mine (s).
Aisc and PoG.
Debt.
Tax.
4.2Bn shares.
Setting up costs.
But all of this still brings us to a very healthy figure which hopefully will translate across to a healthy SP.
20Moz: many years from now though
