TSX:ELO - Post Discussion
Post by
OgnyQ4 on Sep 08, 2023 12:02am
An interesting academic discussion on CEO. CA
Between
@Tradeahead @Nihilism, both with significant knowledges in mathematic and statistic.
Me, from the other side, I have my own model of yhe deposit builded during the last almost 3 years. How fast time goes. Here's what shows the model: - The average grade in all reported intervals, from all holes drilled in the OP is 103gr/t Ag eq.
- 32,5% of the total length of the holes drild in the OP are in the reported intersections(cutoff grade 30gr/t Ag eq.)
- In a few occasions before, Bill mentioned that significant part of the unreported intersections are mineralised just slightly below the cutoff grade.
- Tomra's XRT sorters significantly decreased the cutoff grade under 30gr/t Ag eq. That's how the strip increase to 1:1 and the grade decreased to 53.7gr/t Ag eq. ~ 40$ rock per ton.
- decrease that 40$ with the recovery rate
- decrease what left with 30% smelters fees and penalties
- from whatever left, take out mining cost, possessing cost, G&A
-Now you have profit per ton. Multiply by 50 000tons per day, by 365 days per year and you should have your EBITA
Tom mention possible CAPEX at 1,5 billion
- Google NPV calculator
- multiply NPV by 0,5.
That is the market cap as rules of tomb.
Multiple the market cap by zero, if you are basher OR by infinity if you're pumper.
PS : I believe that I know the name of the one of NDA possible strategic investor.
Not, that I will tell you :)
GLTA!
Be the first to comment on this post