TSXV:INCA.H - Post by User
Post by
TheRock07on Jul 13, 2016 8:13am
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Post# 25047395
Proxy Comparison....Why a 5+ bagger is real
Proxy Comparison....Why a 5+ bagger is realT. DND ......40 million shares/ $2.05
Dynacor's NRM ( gross margin ) is around 15% compared to 40 % for Inca's toll mill.
Grades are equivalent...0.75 oz per ton
DNG trades at 15 times cash flow and 22.5 times net earnings.
Summary....DNG must process more than twice the volume of gold bearing ore to achieve the same yield of gold dore.
Inca will have about 40 million shares when the current financing is fully exercised, including warrants.
$6 million will be raised which is sufficient for resumption of ore buying as well as paying down some of their debt.
Full ramp up to 100 tons per day can be accelerated and the plant has spare capacity of an extra 150 tons per day, once they build up their miner customer base.
Cash flows will be very robust ...$0.20 to $0.30 per fully diluted post consolidated share, depending on tolling ore available..
PP should close by exit July..