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Bullboard - Stock Discussion Forum Arizona Metals Corp T.AMC

Alternate Symbol(s):  AZMCF

Arizona Metals Corp. is a Canada-based mineral exploration company. The Company is focused on the exploration and development of mineral resource properties in Arizona. The Company, through its wholly owned subsidiaries, owns 100% of the Kay Mine Project (the Kay Mine Project), located in Yavapai County, Arizona, United States, and 100% of the Sugarloaf Peak Gold Project (the Sugarloaf Peak... see more

TSX:AMC - Post Discussion

Arizona Metals Corp > 30$ Canadian
View:
Post by Thisisfunstuff on Jun 02, 2024 10:56pm

30$ Canadian

EXGeo at 80% recovery that leaves 1 mm oz Au worth 2.3 billion USD undiscounted before taxes etc etc. lets take a look at the copper value. using same 20 mm ton MRE, 2 % Cu , would give you 800 mm pounds of Cu, at 90 % recovery at $4 / pond Cu that would be $2.59 billion USD undiscounted etc etc. Au and Cu value combined is $4.89 billion USD. $300 mm to put into production leaves $4.59 billion USD. Divide that into 200 mm shares gives an undiscounted before taxes etc etc of $23 USD per share.. I think my math is correct.
Comment by templetooth2 on Jun 03, 2024 2:57pm
These numbers are absolutely meaningless. They represent undiscounted gross revenues over the mine life. We have no idea what discount rate is being used. We do know that most, maybe all mines pay wages to their workers. Shocking but true. Most mines also pay rather generous salaries to their executives, buy equipment from Cat and pay for fuel to run said equipment. Speaking of silly numbers, I ...more  
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