GREY:DRGDF - Post by User
Comment by
ElJon Apr 20, 2016 11:16pm
192 Views
Post# 24792157
RE:Weird - $500 million debt?
RE:Weird - $500 million debt?Just a friendly suggestion in your valuation reflection : Consider
- For many reasons, valuations could best be based on more than short-term earnings
- Open pit, low grade (0.99g/t) but relatively large reserves 16.4 million ounces (P+P)
- All-in costs in Q4 at $858 based on 146,417 ounces production
- $156 million year 2015 Opertions Cash-flow
- Canadian based location
- Published 2016 Outlook: 617,000 ounces/year forward 3 year average
- Capex 2016 $80 million
- Price of Gold in "useful" recent trend
- The year-end 2015 report directly addressed the debt repayment due on November 1st, 2017 and presentes a confident and viable approach strategy
Hope some of this can inspire reflective and useful DD,
Peace,
Good Decision-making to All,
ElJ