Great Pacific Gold Corp FSXLF

Primary Symbol: V.GPAC

Metals & Mining Gold

Great Pacific Gold Corp. operates a portfolio of high-grade gold projects in Papua New Guinea (PNG) and Australia. In PNG, it holds a significant 2,513 sq. km mineral exploration land package. It includes early-stage and advanced-stage exploration targets with high-grade epithermal vein and porphyry-style mineralization present. Its Arau Project consists of two exploration licenses, located in the Kainantu region, and includes the Mt. Victor Prospect, hosting copper and gold mineralization. Its Wild Dog Project consists of one granted exploration license, EL 2761, and one exploration license application, ELA 2516, located on the island of New Britain and about 50 km southwest of Rabaul and Kokopo, PNG. Its Kesar Creek Project consists of one exploration license, EL 2711, and is contiguous with the K92 Mining Inc. tenements. Its The Tinga Valley Property consists of one exploration license, EL2720, located in the Papua Mobile Belt, which is host to several Tier 1 copper and gold mines.

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Great Pacific Gold Corp > FSX effective price (little work for you)

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Post by savinfamilyon Mar 18, 2021 11:31pm

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Post# 32835634

FSX effective price (little work for you)

The FSX effective price was never lower than today, even if, officially, the lowest price of FSX.V was in the first trading day: $0,91 at 2020, April 14.

But, by applying at least one of the basic stock valuation principles, we could find another result. EV – Enterprise Value, in other words the effective cost of buying a business, is my choice, with its simple formula: EV = market cap. + market value debt – cash (and equivalents).

When FSX.V started to trade at TSXV and touched $0,91, it had 44,982,751 shares + 4,495,000 options and about 6,1 mil. in cash. So, EV = 44,982,751 x 0,91 (as market cap) + 0 (as debt) - 6,100,000 (as cash) = 34,834,303 $ = 0,774 $ by share (non diluted), or 0,747 $ (fully diluted).

Today, at market close, FSX.V had 67,907,831 shares, about 30 mil. cash and about 11,5 mil. $ sleeping in warrants and options (expiring in max. 16 months). So, EV = 67,907,831 x 1,21 (as market cap.) + 0 (as debt) – 30,500,000 (as cash) = 51,668,475 $ = 0,761 $ by share (non diluted), or 0,65 (fully diluted).

Value \ date	2020 – April,14	2021 – March,18
Market close price	0,91	1,21
Number of shares	44,982,751	67,907,831
Options + warrants (total)	4,495,000	6,222,615
Number of shares (diluted)	48,477,751	74,130,446
Debt	0	0
Cash	6,100,000	30,100,000
Cash (diluted)	7,898,000	41,500,000
EV (non diluted) = market cap + debt – cash	34,834,303	51,668,475
EV / share	0,774	0,76
EV/ share (diluted)	0,747	0,65