Post by
Catscratch on Jul 16, 2024 1:26pm
Gold Price @ $2,460
Dundee highly leverred to gold price.
1) Dundee's GMIN investment with a current market value of C$135M
2) Borborema production expected to start in early 2025. Dundee is just over 6 months away from earning ~$4M annually from the Borborema royalty. 83,000 oz of gold*US$2,460*1.5%*1.37 = C$4.2M
3) Other gold investments (AusGold, Maritime, Viva Gold, Atico, Saturn) with current market value of ~$C40M