Novo Resources Corp T.NVO

Tx, Novo 2021 AISC, cash flow, and P/E guesstimate?

[GoNovo2014]

Hi Tx,

I think I read somewhere that Novo's will be producing about 100,000 oz in 2021. What's the AISC for BC? $800-$1,000 USD? Assuming a gold price of $2,000 USD/oz, what then would be your guesstimate of its cash flow and P/E?

GoNovo2014

[likeike]

Assuming a higher price for gold......a brazilian dollars. IKE

[TXRogers]

Regarding the first half of 2021, I believe you have basically answered your own question.   The earnings per share can be calculated under the number of issued shares.   But it is not the only deciding factor in the stock price that we may experience in the first half of next year.  When you read the comments below, try and also factor in an increasing gold price and the

[TXRogers]

Maybe this image comes up better: https://cdn2.etrade.net/1/19010914410.0/aempros/content/dam/etrade/retail/en_US/images/knowledge/library/stocks/forces-that-move-stock-prices.jpg Tx

[GoNovo2014]

Tx,  Your valuable insights are always much appreciated. Thank you! GoNovo2014

[GoNovo2014]

Update: Tx, I have just confirmed that in the Crux interview from Feb 11, 2020 QH guessed AISC for BC will be $800-$1,000/oz. GoNovo2014 

[BillysBlckStrat]

Yeah yeah, but he wont know until they get there. An interesting question though. A person who is not off to bed for the night could pull up some examples of 100,000 to 150,000 oz/yr open pits to see what their costs are. Heres one, but the grade is 5.3 gm: Mt Cartlon reaching between 70 000 oz to 75 000 oz, instead of the original guidance of between 95 000 oz and 105 000 oz for the full 2020

[BillysBlckStrat]

Aisc would be double at 2.5 gm as they need to process twice as many tonnes. Fwiw.  BBS