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Tencent Music Entertainment Group V.TME


Primary Symbol: TME

Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.


NYSE:TME - Post by User

Post by kbradleyon Jul 23, 2015 7:01am
157 Views
Post# 23951734

Whitney Numbers?

Whitney Numbers?Making some assumptions on the cost of producing high grade from Whitney. Costs from Integra's PEA...similar high grade... come in at $641 per ounce including sustaining costs. (Using that for comparison) Similar high grade with 98 percent recovery as per Temex testing. So with $1400 Cdn gold price, is it possible to assume that Lakeshore could make $700 profit per ounce considering that they have the infrastructure/mill already...maybe a little extra trucking costs for the 6km treck?? So based on a 10 year mine life and 80,000 ounces of production per year. The acquisition by Lakeshore for the Whitney deposit should make them about $56M per year. Not a bad deal really when it is costing you about $25M in stock. Assumptions for Whitney/LSG Reserves 800K ounces Cost $700 per ounce Gold $1400 Cdn Production 80,000 ounces per yr Mill...$0 already built High Grade 98% recovery Plus untested at depth for further mine life and you get Juby and the Silver deposit for free. Is $.13 enough with a 6 month payback?
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