RE:RE:RE:RE:RE:RE:Cant believe it
TOROPARU has an NPV of nearly 800 million USD at 1500$ POG ... GCM via shares/warrants nearly holds 40% and maybe GCM pay out Gold X remaining shareholders someday (maybe with cash on hand) ... ok, we don't know ... what we know is CAPEX is nearly 270 million USD for this long-life-project ...
...the same with marmato ...CAPEX appr. 250 million USD
..both projects have exploration potential for longer minelife..but they already are big enough
...the dilution from this PP hurts a bit but long term this can pay out... because GCM will be in an much better financial position. We don't know where the POG will be in 2-3 years from now..maybe POG is lower and GCM will be happy have this money in the back to get debt financing at good interest-rates for this 2 projects.
...btw ..dilution is only 7 million shares , nobody knows all the warrants will be transformed into shares later.. including all warrants GCM sits on 200 million cash..a good base for developement of the grow.projects... as a CEO maybe i would do the same