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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Bullboard Posts
Post by SmokinWillieon Feb 07, 2019 2:18am
153 Views
Post# 29330478

Value of Fosterville

Value of FostervilleFosterville did 40g/t in Q4'18. I expect this to rise in 2019, but let's stick with 40g/t. 

Mill throughput is expected to be 1300 tpd in 2019. Gold produced is 1300 X 40/32 =  1625 oz/day 

Profit is oz X (POG -AISC) $1300 - 450 = $850.   1625 oz X $850 = $1,381,250 per day. 

Yearly profit  365 days X $1,381,250 = $504,156,250  or lets say 500 million or 1/2 billion. 

What PE will we give this. I think 20 is conservative. Fosterville ALONE is worth 10 BILLION.

If grades are 50g/t, value is $12.5 billion and if grades are 60g/t, value is 15 billion for only Fosterville.  

Current market cap is $7 billion. Buy Fosterville at 30% discount and get the Canadian operations for free.   plus we will throw in cash in the bank and shares in other companies....   LOL. 
Bullboard Posts