OTCPK:MSSNF - Post by User
Post by
dynarodon Jun 30, 2010 12:07pm
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Post# 17234613
very rough projection - best case senario
very rough projection - best case senarioAgree big mac – fundamentally the sky is the limit if they can execute on the JV with a major mining company
Lets say we sell 50% to the JV – they finance the mine to production then best case scenario is this could well be a life changer
This rough projection is gross earning does not take into account, tax, depreciation amortisation etc – however clearly you can see the value on this bad boy
| Output Aueq (oz) | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Price of Gold | 1200 | 1500 | 2000 | 3000 | 5000 |
| Cash Cost | 300 | 300 | 300 | 300 | 300 |
| Profit/oz | 900 | 1200 | 1700 | 2700 | 4700 |
| Float | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 |
| Gross Earnings | 0.90 | 1.20 | 1.70 | 2.70 | 4.70 |
| MNR Cut (50%) | 0.45 | 0.60 | 0.85 | 1.35 | 2.35 |
| PE=10 | 4.50 | 6.00 | 8.50 | 13.50 | 23.50 |
| PE=15 | 6.75 | 9.00 | 12.75 | 20.25 | 35.25 |