RE:RE:GCM valuation...@1500 gold toro has
US$1.77 billion after tax free cash flow, not even counting the 3 mil oz inferred, the 3km+ continuous high grade structures recently discovered, or exploration potential in the huge 53,844 hectare (538 km
2) land package.
after scoping study on a separate higher grade open pit including the 3km+ high grade structure, we will see in aug. how economic this higher grade pit is. cheaper cost and faster build time than the larger pit.
"A Memorandum of Understanding agreement with the Government of Guyana grants Gold X the exclusive right to develop the Kurupung River Hydroelectric Project (KRHP) located approximately 50 km southwest of Toroparu.
The use of hydroelectric power is estimated to reduce cash operating costs at Toroparu by US$350 to US$400 million over the life of the mine."
invest234 wrote: Toroparu is worth more than US$200 mil. it is worth US$760 mil npv @1500 gold. US$1 billion currently according to red cloud.
https://goldxmining.com/ that means segovia is not only free, it is negative, which means they pay you in addition to taking it for free.
kkkrrr wrote: simplified:
marketcap 400 milliopn USD
--cash appr. 100 million USD
--Aris (Marmato UG + Juby) >100 million USD
--Denarius+ Western Atlas 25 million USD
--world class Toroparu 200 millioin USD
------>you get Segovia and its 100 million USD cashflow p.a. for free .... + the valuation upside from all the other holdings+projects ... insane