GREY:GDPEF - Post by User
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LeftBookon Apr 25, 2019 9:57pm
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Post# 29672663
exploration assets and tax credits
exploration assets and tax credits Are exploration assets and tax credits interchangeable ?
Assume the exploration asset are traded not developed.
ANX acquired the Goldboro project for ~$15/oz in May 2017.
M+I 457,000
Inferred 372,900
Total 830,300
Value $12.45M
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RCG has approximately $20M of tax credits.
What is the equivalent ounces in an exploration asset ?
eg. 1,330,000 ounces
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Notes:
https://www.anacondamining.com/2017-03-03-Anaconda-Mining-and-Orex-Exploration-Execute-Arrangement-Agreement