RE:honeybuggerer, hold on to your adult diaper, old timer.Oh you're so witty drunk@noon, my psyche will never be the same...LOL. Really, that's the best you can do? Picking on us poor seniors...LOL. What a fool you are.
Now, since you're clearly drunk@noon again already today, i'll give you another hint.
Here's another link because you're probably too drunk to find it.
2021_vit_q4_mda.pdf (vgcx.com) Today's Hint:
As per the link, in 2021 (prior to the major expenses incurred in 2022 and 2023), VG was able to end the year with
a net income of $114 million and net earnings of $1.77 per share when their 2021
AISC was US $1,193 and a 2021 realized gold price of US $1,790, which is a margin of US $597. Now in 2024 VG, VG management has guided AISC of US $1,450 to US $1,650 and gold is now US ~ $2,350 per ounce. Using MVargas' recent projected US $2.200 realized price of gold in 2024 the margin for the Low End of guidance $1,450 to $2.200 is US $750 per ounce. The margin for the High End of guidance $1,650 to $2,200 is US $550 per ounce.
And the margin for the middle $1,550 to $2,200 (which is probably about right) is US $650. I believe higher production in 2024 will keep AISC at or below US $1,550 in 2024 and unless the gold price falls significantly VG is in for a very profitable year. With most of the major expense incurred in 2022 and 2023, 2024 production that is guided to be between 165,000 to 185,000 ounces
(but could reach 193,000 ounces if the Technical Report number is reached), and a gold price already more than $550 dollars higher than the realized gold price of US $1,790 in 2021, even someone drunk@noon should be able to figure out that VG net profit in 2024 will be far better than the past 2 years.
Now go have another drink and study this for awhile, and you will soon realize that your fear mongering to benefit your short selling agenda is not going to work here. Of course you have nothing intelligent to add that you can back up with any facts or links because you're too lazzy and that's not how bashers and short sellers make their money.
You would be wise to go play in another sandbox where investors there haven't yet caught onto you. Oh and by the way, good job burying my posts before the real investors get a chance to read them and learn what VG share price is really worth and it's not $8.01 a share.
For the real investors here, my opinion only...please DYODD.
HB77
Financial highlights – Fourth Quarter and Year Ended 2021 (Page 4 in link) • Gold sold in the quarter was 49,219 ounces, at an average realized price1 of $2,251 (US$1,786) per oz.
Gold sold for the year was 158,736 ounces, at an average realized price1 of $2,243 (US$1,790) per oz • Recognized revenue of $110.6 million based on sales of 49,219 ounces of gold in the quarter.
Recognized revenue of $356.5 million based on sales of 158,736 ounces of gold for the year. • Operating earnings were $47.4 million in the quarter.
Operating earnings were $142.6 million for the year. • Net income of $45.7 million, or $0.73 per share outstanding in the quarter.
Net income of $110.4 million, or $1.77 per share outstanding for the year. • Cash costs1 of $905 (US$718) per oz and all-in sustaining costs (“AISC”)1 of $1,326 (US$1,052) per oz of gold sold in the quarter. Cash costs1 of $909 (US$725) per oz and
AISC1 of $1,496 (US$1,193) per oz of gold sold for the year. • EBITDA1 of $66.1 million in the quarter.
EBITDA1 of $220.0 million for the year.
• Free cash flow1 of $31.1 million, or $0.50 per share1 in the quarter.
Free cash flow of $26.8 million, or of $0.43 per share for the year. • Cash and cash equivalents of $31.3 million at December 31, 2021
after net repayment of $63.5 million principal payments against the Company’s debt facilities for the year.