B2Gold Corp T.BTO

BTO by the numbers taken from their Q4 reports

[Reddale]

AISC in 2023 $1201 and they sold gold at avg $1946   (diff $745)  sold 994,000 oz

 

AISC in 2022 $1022 and sold gold at avg $1788  (diff $766) sold 969,000 oz

 

AISC in 2021 $888 and sold gold at avg $1796  (diff $908) sold 981,000  oz

 

AISC in 2202 $788 and sold gold at avg $1777 (diff $989) sold 987,000 oz 

 

Fairly steady operations, making about $788 million per year.  You can see covid inflation in AISC.

 

The capex program at Goose and Fekola ends by Q1 2025,  then production increases 25-30% and AISC stabilizes and drops because capex program at the two mines has ended.

At Fekola they mine the same geological structure as Barrick which is located just to the north. 

Gold miners are all in a market funk but I am enjoying a 6.5% yield while I wait.

Red 

[spacegimp]

$4 billion enterprise valuation with no debt while netting $700 million per year after AISC .  I have looked at almost every other producer and cannot find that kind of valuation with the consistency they have demonstrated and a real knack for finding new deposits 

[Singoa58]

A real knack for the most risky jurisdictions in the world lol that's the difference dude 

[Singoa58]

Enjoy your 4 penny divy as it's plummets to 1.45  

[Singoa58]

Enjoy your 4 penny divy as it@s plummets to 1.45 @