RE:Teuton NSR Tracking for Friday, May 17, 2024 (weekly)rockport,
fully agree that the NSR is worth a busload!!!!!!!!!!!!!
Obviously I think your numbers are disconnected from "value" but they still prove a point. And focussin on just indicated is the way to go (to assume all of it will be recoverable in a mine plan is not).
Having said all that, for anyone who believes TC will have a mine(s) in the next decade, you are looking at a buck a share for tuo, TODAY, for the NSR!!!!!!!!!!!!!!!!!! After backin out the other 20+ properties/JVs/NSRs, youre basically gettin 20% of TC for FREE!!!!!!!!!!!!!!!!!!!
Which brings up the question: Why would anyone hold TUD instead of TUO?!?!?!?!?!?
Everytime I bring up that question, the blowback is furious. Why is that???? Who has an interest in denying reality????
rockport1 wrote: The future value of Teuton's undiscounted Goldstorm NSR based on Friday's closing price:
Teuton NSR = U$ 421.4 M
Weekly change = + nbsp; 9.4 M
Teuton NSR = Cnbsp; 573.5 M
Teuton NSR/share = C$ 10.00 /share
Weekly change = + Cnbsp; 0.18 /share
Assumptions:
Gold Price = U$2414 (+ $54)
Indicated Resource of Gold only (not AuEq): 18.75 M ounces
- Silver & copper excluded from the NSR calculation (4.6 M AuEq)
- Inferred resources excluded from the NSR calculation (7.35 M AuEq)
TUO shares outstanding = 57.35 M, CAD/USD = 0.7348
Zero percent discount.
NSR = 0.98% (less 5% of gold price for NSR costs)