GREY:SOHFD - Post by User
Post by
shakeypremison Jan 07, 2018 12:41pm
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Post# 27300710
Profitability
ProfitabilityI've just come across this company. I've been looking at estimating profitability, focusing on the Campo Morado mine initially. It seems given the grades and mill throughput it could output around the following amounts of metals per day: Gold: 80 oz Silver: 231,000 oz Copper: 245,000 lb Lead: 28,600 lb Zinc: 123,000 lb I've not been able to find (so far) figures from the company regarding costs per tonne of ore processed (1,400tpd at the CM mine) but even if rather excessive costs are used then given the above production figures the mine could be generating in excess of $100m USD profit per year, again, from just the CM mine. Does this match the thoughts and calculations of others here? If this is the case then this company would seem immensely undervalued and the current market capitalisation.