dyor.de reportBest I could do quickly on the english translation of this report. If anyone would like to clean it up, be my guest.
https://www.dyor.de/mansfield-minerals/mansfield-minerals-update.html
Production or acquisition? - This is the question!
Argentina had Goldanleger has not yet so really on the screen. But wrongly, as several eminent finds of the recent past. Argentina has a stable democracy and a very good infrastructural network, also in the country. It also has the country is a centuries-old Bergbautradition. One of these recent discoveries raised the Lindero project Canadian Explorer Mansfield Minerals.
Budget Goldproduktion by easily accessible hilly position the Lindero project is in the province situated Salta, Argentina in the northeast and has proven reserves of at least 1,92 million ounces of gold. Lindero tells the average Goldgrade of respectable 0,59 grams per ton rock. Particularly important for a possible future Goldförderung is the structure or location of Linderos Goldvorkommen.
Because the reservoir is located within a Meter-wide around 650 Hill, virtually only worn. The relationship between tailings and ore (Strip Ratio) is at Lindero 0,9:1. So containing rocks to Gold, just slightly less than the same amount of so-called tailings removed. Exactly this ratio makes a reduction also particularly favorable.
This year created a Vormachbarkeitsstudie showed that the cost of dismantling at Lindero around 400 USD per ounce or less. A really good and especially low value! In addition, the Vergradung very homogeneous and is almost always around 0,6 g/t, where the 0,9 g/t highest Grade close to the surface.
This is so important as this in the first years of promoting a favorable reduction project costs relatively quickly and could accomplish could repay.
Pre-feasibility study provides good Produktionsargumente the already mentioned pre-feasibility study provided the Management of Mansfield extremely convincing arguments for further development of the project. The Net Present Value (NPV) of the project is based on a gold price of 975 USD and 6% Discountrate at 305 million USD and internal rate of return (IRR) for 35,4%. The higher Grade on the surface make Vormachbarkeitsstudie beneficial.
Pre-feasibility study provides good Produktionsargumente So it turned out that within the first five years on average 161,000 ounces of Gold to Cashkosten only 373 USD. The capital cost of processing plant, and all infrastructural measures were estimated at 213 million USD. The Rückzahldauer would thus be about two years. It also owns Mansfield Minerals the full support of local provincial government.
This was specifically to the development of Rohstoff-projects a Gas Pipeline across the Region.
Conclusion: their own production or acquisition? - This is the question! Several Investmenthäuser - including Haywood Securities - believe that the relatively easy and inexpensive way to the Goldförderung Lindero, Mansfield Minerals are in the Focus one or more established Mid-Tier Goldproduzenten
For a Mid-Tier producers with enough Cash would be a light, not less than 1,9 million ounces of gold reserves to plus one Million ounces of Gold resources plus another potential through improved decomposition methods and exploratory work to secure Lindero-deposit also fairly easily in production. Haywood has in a recently published study a possible Übernahmeszenario at a rate of up to 3,15 CAD set (stock quotes around 1,70 CAD).
Haywood keeps Mansfield Minerals currently for undervalued, which is mainly based on the grounds that Mansfield his Fund only rather defective has communicated. Only a small Anlegerkreis has value has ever on the screen. Even if that no Mid-Tier producer at Mansfield and Lindero should strike, the company very well. For the next few months it is first good Cash to continue in the development of Lindero work.
It also has a considerable margin (not only is precisely with Lindero resource!) of nevertheless almost two million ounces of gold. There are also at least one Million ounces of resources. The project area is well developed and expanded infrastrukturell. The Goldlagerstätte itself is likely to reduce very affordable. Nevertheless, we can as an interested investors but mainly in a possible takeover speculation.
Because if you put a conservative Übernahmepreis from 75 USD per ounce of gold reserves, it offers Mansfield of today's trade is the Chance of a doubling.