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Aris Mining Corp. T.ARIS

Alternate Symbol(s):  CLGDF | N.AMNG.NT.U | T.ARIS.WT.A | ARMN

Metals & Mining Gold
Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.


TSX:ARIS - Post by User

Aris Mining Corp.
Bullboard Posts
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(28)
•••
Comment by gold_diggers1on Aug 17, 2016 1:07pm
269 Views
Post# 25150678

RE:ROI

RE:ROI
Cjrubber wrote: Here's a hypothetical
GCM shares out 1.5bil(also means debt free)
trading at.13
gold prod/annum= 130,000 oz
gold price and AISC stays constant=$400/oz
Profit/year=52 mil
52mil/1.5 bil=$.0347
.0347/.13= 26.7%

still think this is gonna stay trading this low?

Cjrubber, where did you get the AISC = $400/oz??
.
From the company most recent NR for Q2/2016 (see below), the AISC $811/oz is double what you calculated??  I am trying to understand why there are so many shares in the Sell orders.......
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  • Revenue of $48.0 million in the second quarter of 2016, up 54% over the second quarter last year, reflects the increased gold production this year that contributed to a 47% increase in gold ounces sold, and the strengthening of spot gold prices in the second quarter of 2016. This brings total revenue for the first half of 2016 to $82.5 million, up 33% over the first half last year.
  • Gran Colombia's total cash costs in the second quarter of 2016 decreased 13% from the second quarter a year ago to $680 per ounce helping to bring all-in sustaining costs
  • ("AISC") down by 10% to $811 per ounce for the second quarter this year. See the Company's MD&A for the computation of these non-IFRS measures. The net income attributable to shareholders was $0.01 million, or $0.00 per share, for the second quarter of 2016 compared with $3.0 million, or $0.13 per share, in the second quarter of 2015. For the first half of 2016, net income attributable to shareholders amounted to $10.9 million, or $0.09 per share, compared with a net loss attributable to shareholders of $0.3 million, or $0.01 per share, in the first half of last year.
  •  
  • Revenue of $48.0 million in the second quarter of 2016, up 54% over the second quarter last year, reflects the increased gold production this year that contributed to a 47% increase in gold ounces sold, and the strengthening of spot gold prices in the second quarter of 2016. This brings total revenue for the first half of 2016 to $82.5 million, up 33% over the first half last year.
  • Gran Colombia's total cash costs in the second quarter of 2016 decreased 13% from the second quarter a year ago to $680 per ounce helping to bring all-in sustaining costs
  • ("AISC") down by 10% to $811 per ounce for the second quarter this year. See the Company's MD&A for the computation of these non-IFRS measures. The net income attributable to shareholders was $0.01 million, or $0.00 per share, for the second quarter of 2016 compared with $3.0 million, or $0.13 per share, in the second quarter of 2015. For the first half of 2016, net income attributable to shareholders amounted to $10.9 million, or $0.09 per share, compared with a net loss attributable to shareholders of $0.3 million, or $0.01 per share, in the first half of last year.
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