Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.


TSX:ETG - Post by User

Post by Countrygenton Apr 04, 2022 11:08am
314 Views
Post# 34573081

April Presentation

April Presentation

On the ETG website, although the webpage navigating through the Investors Tab it will say "January Presentation" it has been updated, and click it to see the updated April presentation.

Note copper is up again today ... nipping $4.80USD the pound.

Note ETG's NPV calculations in their presentation (using an 8% discount rate - pretty conservative if you ask me, the week after we momentarily saw an inverted yield curve on the US 10 year treasury), they use an assumed CU price of $3.25 a pound, against life of mine all in costs of $1.25 lb.  

Which ... drives gross mining profits from $2 to $3.50 or more per pound of CU produced.  Which can't hurt ETG's valuation one bit!

Ya just gotta luv it!

FMCDH

The Trailer Park is bathed in golden light this morning.

cg

<< Previous
Bullboard Posts
Next >>