PRETIUM - UNDER THE SPOT LIGHT - 348,000 ounces produced - 2020 ( amazing xonsidering the year and challenges
- paid off debts
- Q-4 left them with a positive cash blanace
= $174.8 million 348,000 ~ 4 quarters
= 87,000 ounces per each quarter
x $981.00 - profit per ounce -
= $5,347,000 / usd
x 1.2 cdn
= $102,416,4000/ cdn ( per quarter - if same milestones met as 2020 production )
DECADE UNKNOWNS ? - could Pretium be a potnetial interest ?
- decade's stockhas been undervalues for years
- how many share may have been collected
- potential shares collected off sets cost - take out
No shares collected ?
Then... how many ounces does Decade have in the ground ?
The 3D map looks wonderful - but... so hard to know how many ounces.
The report is dated - and new drills are not factored
3 categories of gold grades is too broad - such needs to be almagamated to know
for certain the amount of ounces - even the silver and copper.
MTB - what is there story ?
Why so quiet on the red cliff ?
Did Decade ever ressolve the optioned Teuton claims ?
Did Decade drop the silver crown 6 claims ?\
Does Teutons claims affect the - Montrose ?
DECADE NEEDS TO ADDRESS the upper + lower montrose + pump zones on a map inconjunction with the video.
= is the gold resources only on the - corwn claims owned by - decade ?
If so... then why the lag and drag ?
= Get the resource out - smoke out the potential interest who might have held this stock
for multiple years....
PRETIUM'S 2020 - Q-4 - RUNDOWN Fourth Quarter (“Q4”) and Full Year 2020 (“2020”) Highlights:
- 2020 production and financial guidance achieved
- Gold production – Q4: 88,299 ounces; 2020: 347,743 ounces
- AISC 1 – Q4: $1,009 per ounce of gold sold; 2020: $981 per ounce of gold sold
- Free cash flow 1 – Q4: $177.8 million; 2020: $369.2 million
- Revenue - Q4: $169.6 million; 2020: $617.6 million
- Received proceeds from the sale of Snowfield of $100.0 million
- Repaid $226.7 million of debt including a discretionary payment of $160.0 million
- End of quarter cash balance: $174.8 million
LINK - https://stockhouse.com/news/press-releases/2021/02/25/pretivm-reports-2020-operating-and-financial-results-achieves-guidance-delivers
With Pretium sitting all pretty - cashed up -
$178/million Pumping out mega ounces per quarter
Wouldn't take but a few quarters to - takeout Decade.
BIGGIE- has Pretium any share ownership in Decade ?
such reduces the cost to - take out .
DREAMY HYPOTHETICAL ? supoose 3 yearsof collecting -
225 million outstanding ( decade )
- 75 million ( hypo collected )
150 million outstanding ( decade )
Suppose Decade has a good 3 million ounces... ( rough example ) +/-
x $100/ounce in situ value
= $300,000,000 million 150 million shares
x $2/ bucks a share
= $300,000,000 million
- $178,000,000 million pretium cash on hand
= 122/million short fall
~ $14/ stock value of pretium
= 8.7 million shares of pretium - makes up for the short fall.
Above stats on Pretium were from - 2020 fiscal year.
Pretium would be in it's
second quarter - 2021 Which means they've racked up more - cash
if Pretium is on track for it's quarterly gold productions
2 quarters x 87,000 ounces
= 174,000 ounces would be - tabled
x $981.00profit per ounce
= $170,000,000 / million usd
x 1.20 conversion to cad
= $204,832,000 - estimated cash value for 2 quarters of production
- $300/miilion estimated value of decades gold
= $100,000,000 million short fall
~ $14.stock - pretium
= 7.1 million shares needed
The last example would still allow Pretium to keep thier origina l$178,000,000 million
current cash on hands...
Then... only using Pretium;s first 2 quarter's of gold productions + few shares...
= SCOOP DECADE. The above post is only speculation.
It may or may not even be accurate - just trying ot make sense of why decade
has not announced a resource and whyt decade has bene undervalued for years.
Yeah.. .i could handle $2.buck a share...lol
Make up for years of starving in stocks...lol
Cheers....