St Andrew Goldfields Ord STADF

Undervalued 78% on AISC. Why?

[cre8value]

Gold Price USD  $1208.00

 

All-in- sustaining costs $1042.00 (AISC) latest quarter

Profit = $166.00/oz

833,000  of Reserves * $166.00 = $138,278,000 profit on total Reserves
 

Round to $138 million profit
Cash         $21 million 

Total        $159 million  cash

Market cap  $89 million USD

$159 millon - $89 million  = $70 million undervalued 

$70 million /$89 millon  = 78%  undervalued on AIl In Sustaining Costs (AISC)



No value given for Holt Mill, 1 million oz of inferred at Holt. No value given for Aquarious with $100 million in infrastructure and 1 milion oz, No value given for Grey Fox, No value given for Taylor infrastructure, No value given for large land package








December 31, 2014 Mineral Reserves Estimates increased from approximately 668,000 ounces of gold to approximately 833,000 ounces 

 

[Curvature]

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[londry]

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[Curvature]

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[AncasterMike]

londry, there are lots of reasons to sell some shares, especially if you have millions of them. There is only one reason to buy, and there has been lots of that from insiders. The stock sells at a 30% discount to book and 3.5x cash flow with their low costs. There is no debt. It is in a safe and predicable country. What's not to like?

[londry]

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[TedOwens]

The primary challenge St. Andrew is faced with is their lack of sufficient capital reserve capacity in which to set up the production side of things on an order of scale in order to throughput the resource ounces quickly enough to take advantage of any reserves they may have in place....Considering that it will be several years before production ramps up to catch up with the latest forecasted