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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The Company holds an approximately 88.5% controlling interest in and is the operator of the advanced-stage Sisson Tungsten-Molybdenum Project in New Brunswick. The Sisson Project has approximately 14,140 hectares. The Sisson Project has the potential to become a near-term critical metal producer, providing new primary supply of tungsten and molybdenum to North American, European and Asian markets. The Sisson Project is based on a large, structurally controlled, intrusion-related tungsten-molybdenum deposit amenable to open pit mining.


TSX:NCF - Post by User

Post by seveneleven711on May 15, 2024 8:49am
70 Views
Post# 36040696

CAN. $ Value of APT/Mo of 43-101 Reserve in the Ground.

CAN. $ Value of APT/Mo of 43-101 Reserve in the Ground.https://www.northcliffresources.com/_files/ugd/f9767f_e534a37b0fc343ba8563d6ae882929e6.pdf

APT U.S. $371.30/mtu  = CAN. $ 508.63..........Value 22.2 million mtu APT x $503.63 = CAN. $ 11.18 B

Mo. U.S. $15.88/lb = CAN. $ 21.75...............Value 154.8 million lbs Mo x $21.75 = CAN. $ 3.37 B

~$15 Billion CAN. worth of APT/Mo waiting to be mined, shovel ready, with permits in hand.

With financing, the market has valued projects of this size at ~6% of $15B CAN. = $900M CAN.

NCF value = 88.5% of $900M = ~$800M CAN

~600 million shares in NCF...800/600= $1.33 CAN/share for OUR shares.


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