RE:RE:RE:RE:RE:Presentation and exact nb of shares as of june 4maybe you are misunderstanding what i said. the 200k oz production for $150 mil was referring to segovia production, not toro production (segovia after subtracting toro, share investments, and net cash). what 200k oz gold producer is selling for C$150 mil or even C$400 mil?
$200 mil for toro is the current market price of toro after the share price was cut down from the original purchase price of goldx at $315 mil.
the production numbers for toro will not be the same as your numbers after they do the optimization to include the +3km of continuous high grade gold structures they recently discovered. and different if they do a deal with zijin.
toro after tax npv of US$1 billion (red cloud). many projects are valued at around 50% of npv because they are pre-production and have not been funded yet. current fair value of toro should be close to $500 mil. in safe countries like canada they can be valued at 80% or even over 100% of npv. the value increases as a project has greater chance of getting into production. with gcm and wheaton supporting it, there is close to 100% chance of toro going into production.
i would not ask sprott for anything. sprott left because he could not steal most of the company for himself like he has done with other companies.
quote=Brioche]Hum..the true numbers are ..
1) from the 2019 pea ( prod )
163 koz per a for y 1 to 7 without wpm and 378 mil USD capex
163 - 10% = 147 koz with wpm and 272 mil USD capex
With aisc under 780 usd (whaouhh ) and gold at 1300 for the Pea .
2) the price to get toro
216 mil cad ? Or rather 45 mil shares ? It depends of your way of thinking . Personnaly i would have preferred anything but shares.
In any case you have to add the first 20 % . ( remember ... aphonso .... dil ..etc..) they didn't get it for free.
Ps 1 ) the y 8 to 10 , prod will be below 100koz .
After , return to 160 koz + ( y11 to 21) but with a new necessary 272 mil USD capex .
Ps 2) gcm remains very undervalued vs peers from day 1 of the recovery. Why ? Ask sprott . -)
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