GREY:VITFF - Post by User
Post by
MVargason Jan 31, 2022 12:45am
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Post# 34377319
Latest Cormark Securities Analyst's Report
Latest Cormark Securities Analyst's ReportHere is the link to Cormark's latest report:
https://www.resource-capital.ch/fileadmin/news/Victoria_Gold/2022_DE-EN/Cormark_-_VGCX_2022-01-18.pdf Of note:
Forecast 2022 production = 200,100 ounces, including just 25,900 oz in Q1 (less than last year). I guess they didn't buy the narrative that some Q4-21 ounces will be recovered in Q1-22 due to drip lines issue.
Cash costs will increase significantly in 2022, yet AISC will decrease. (presumably because of no derivatives and lower interest costs, but higher fuel prices)
2022 FY eps = $1.65