Ascot Resources Ltd AOTVF

Trending nicely towards similar Bruce Jack valuation

[Whampoa]

While well along our Journey, there's still many more steps to go;
Many Premier project metrics eerily similar to our neighbor Bruce Jack. In short time, we'll either exceed, match or fail to reach BruceJack metrics. 

You guys already know, so simple reminder that 
Pretivm Resources, was the previous owner and operator of the BruceJack mine. In March 2022, Newcrest completed the acquisition of Pretium Resources, under a C$3.5bn ($2.8bn) deal signed in November 2021.

For comparison:
AOT M/C valuation at C$3.5 Billion is ~C$6.30
AOT M/C valuation at C$4.0 Billion is ~C$7.20

[Sclarda2]

Brucejack was producing aprox. 360 000 ounce of gold at over 10 grams per tonne.  AOT will be producing aprox. 120 000 in the first year and aprox. 180 000 in the second year at 7 grams per tonne with aprox. 10% going to the Gold stream payments.  Achieving Pretiums sale price of $3.5 Billion seems a bit optimistic at least in the next few years. At the same time when AOT gets up to

[Shadow10]

Sclarda2 I have always enjoyed your comments about gold ,Ascot and Pretium. I think you are one of the most informative person on the form. I haven't heard  you for a while on Ascot.I like what you have to say. . It would be nice to hear more from you about ascot.

[capit123]

Couple of comments re your post as I believe you are a little light on AOT’s future profit. From the recent zoom call with Derek, he indicated that we will be producing at 2,500 tpd with the capacity to move it to 3,000 tpd. Our all-in costs will be in the $1,000 - $1050 range (I will use $1025) I also believe you are light on the grade as I believe Derek indicated on a previous call that the

[calmandquiet]

I've done a similar "best case scenario" exercise. Only correction i would make is 31 grams per troy ounce. 

[Sclarda2]

Okay lets take a look at your numbers as its always good to hear different opinions. In looking at the 2020 feasability study the dilluted average gold grade is 5.9 grams per tonne. That i assume is the mill feed grade as of course mining especially these nuggety narrow deposits is not easy and there will be dillution.  Allowing 5.9 grams per tonne x 2500 tonnes per day that equals aprox. 14

[Taupo65]

An 8.75 % stream?? That should kill this.

[Shadow10]

Taup065 , your last post was July 2022 and you didn't have anything good then. Are you shorting it, are you a shorter?