Aris Mining Corp. T.ARIS

q1 gcm vs. cxb

[invest234]

compare the numbers of gcm to peer cxb

gcm q1
adj net income: $14,781 mil
realized gold price: $1,860
cash cost: $817
aisc: $1,187
gold sales: 53,645 oz
market cap: 492.44M

cxb q1
adj net income: $16.4 mil
realized gold price: $1,897
cash cost: $1,060
aisc: $1,199
gold sales: 52,487 oz
market cap: 591.73M

the numbers are very similar.
except gcm has a fully funded toro, 24 year mine life project worth $794 mil @ $1500 gold that will double gcm production in 2 years. worth more at higher gold price than $1500.
and gcm has around $100 mil in share investments that will probably double when aris enters full production.

that is an extra $900 mil in value for gcm. when gcm market cap is only $492 mil.

q1 gcm production is always the lowest q of the year after xmas holidays and shorter feb.
with crusher being completed in q2 and 2000 tpd expansion completed, throughput and production should increase for the rest of the year.
polymetallic plant will be ramping up and selling metal.

[invest234]

forgot to mention cxb does not have the 4% dividend that gcm has. the difference between net income and adj. net income was the non-cash liability for the warrants and debenture, just because gcm share price moved up during q1. q2 the share price has gone down even more, which would reverse this non-cash liability and add a big non-cash gain to gcm net income for q2. this is stupid, the