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Spur Ventures Inc SPVEF

"Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada."


OTCPK:SPVEF - Post by User

Comment by idlefreebirdon Jan 21, 2018 11:54am
157 Views
Post# 27403472

RE:Can anyone explain the debt outlined on page 27

RE:Can anyone explain the debt outlined on page 27goldpoet, if you go to page 7 you will see payback of the $137M is 1.9 years and then they need to add infrastructure in the cost of $108 M of Capital cost for Cochrane hill pg. 38... therefore 3.3 year payback and debt free with a $200 million FCF at the end of that term.. therefore started this year so 2021 major cash ...now things to keep in mind this isn't including Fifteen mile stream addition,also things that are added in our aisc is 18M for Beaver Dam construction cost and the payments for minority partener, wich will be excluded on all other properties Atlantic owns as they are 100% owned except Touquoy pg. 35... hope this helps and gives ya a little picture... gltal  p.s. with new life of mine plan we could get to 200,000 ounces sooner then wich it dictates on 2014 PEA on page 38...
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