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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by Smittleon Feb 25, 2020 11:10am
85 Views
Post# 30730756

RE:RE:Cash King...

RE:RE:Cash King...Projected cash flow of over $250 Million. The $380 Million debt will be paid off soon. This is based on $1450 gold.  Gold right now is $1658

Smittle wrote: Great news! Gold is at $1655 right now.

sailor8 wrote: See page 19 of yesterdays presentation:


I recalculated myself as I could not believe it at first view. It is true:

The said 7 - 12 % Free Cash Flow per PVG share is really based on the Free Cash Flow figures at 1,450 USD/oz Price of Gold. Actual Price of Gold is at beginning of the year: 1,650 USD/oz. 

Based on 1,650 USD / oz the yield per share for free cash flow may be somewhere between 10 - 18 % per share... 

Pretium is clearly an overseen cash king for Free Cash Flow per share ! 

Link for the presentation (check out page 19):
https://s23.q4cdn.com/277467366/files/doc_presentations/2020/02/2020-02-23-BMO-Conference-PRESENTATION-V3.pdf




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