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TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo project (a copper-gold-iron skarn deposit that offers potential for multi-metal products, namely copper, gold and silver, with by-products magnetite and pyrite), and a 60% interest in Agata Mining Ventures Inc. (nickel/iron DSO mine). Siana is located in Tubod, Surigao del Norte, approximately 35 kilometers from Surigao City and near to Lake Mainit. The Balabag Gold and Silver Mine, which spans a 4,779-hectare Mineral Production Sharing Agreement. The mine is situated within the municipalities of Bayog in Zamboanga del Sur and Diplahan and Kabasalan in Zamboanga Sibugay, Mindanao, Philippines.


TSXV:TVI - Post by User

Comment by rockingroosteron May 20, 2024 10:46am
153 Views
Post# 36048659

RE:Rough Calculation of what Share price could be

RE:Rough Calculation of what Share price could beJimmy,the problem is from our current share price of $ 02 to $1.18 seems like we are on drugs.
If we are bit more pessimistic with our forecast ,investors may relate better
So, quantity mined at 10,000 geo per month seems realistic.
As for the AISC ,we know Balabag and we can assume Siana will be higher due to the higher debt carried,therefore Balabag at $1658 and Siana at $1800, combined will be $ 1729
Lets use Gold price at $2,300 versus $ 2,400
Net profit will be $ 571 per GEO x 10,000 month x 12 months = $68,500,000 annually
TVI's 30.66% = $21,000,000
Use total diluted shares of 750,500,000 = .028 net profit per share
A very good ( although undervalued ) P/E would be 12 versus your 23
P/E of 12 would yield a share price of $ .336 usd OR $ .45 cad

I take that anyday!
Good luck all.
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