Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s): WDOFF

Metals & Mining Gold

Wesdome Gold Mines Ltd. is a Canadian-focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Quebec. The Company has an exploration program both underground and on the surface within the mine area and more regionally at both the Eagle River and Kiena Complex. The Eagle River Underground Mine is located 50 kilometers west of Wawa, Ontario. The Eagle River underground mine near Wawa, Ontario is producing gold at a rate of 80,000 to 90,000 ounces per year. The Kiena Mine is located in the highly prospective Val d’Or, Quebec gold camp. The Kiena Mine is a fully permitted, integrated mining and milling infrastructure which includes a 930-meter production shaft and 2,000 tons-per-day capacity mill. The Kiena Mine Complex consists of the Kiena Mine concession, Kiena Mill, related infrastructure and equipment and land position in the Township of Dubuisson, Quebec.

TSX:WDO - Post by User

Wesdome Gold Mines Ltd > WDO 2021 Q4 and full year production

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Comment by Woodporteron Jan 15, 2022 11:28am

176 Views

Post# 34320220

RE:RE:RE:WDO 2021 Q4 and full year production

snowshoedb wrote: Heres what not discreetly disclosed:

170,000 Midpoint Ounces x ($2250/Oz- $925 Cash Cost/Oz) - $143 Million CAPEX

= 82 Million Free Cash Flow

if 145 Million Shares out ... $0.56 Free ash flow/share... which is available for dividends.

A minor quibble with your analysis: If you include the G&A expense of $12.5 million, the free cash flow becomes $0.48 per shares. There should also be a further provision for taxes as well.

Your point still stands that there is still a nice amount of free cash flow in a year with aggressive capital and exploration budgets.

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