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Bullboard - Stock Discussion Forum Kirkland Lake Gold Ltd. T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's... see more

TSX:KL - Post Discussion

Kirkland Lake Gold Ltd. > What should be the the KL vs AEM share price..
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Post by bossu on Oct 27, 2021 6:15pm

What should be the the KL vs AEM share price..

AEM Q3 Results just out.

          Production 9 Months          AISC   Gold price cash Flow

AEM                  1 528 000 oz      $ 1000    $ 1800   $ 1 224 M

KL       6 month     660 000 oz
            Q3 ( est)   390 000 oz
                           1 050 000 oz     $ 800     $ 1800     $1 050 M   

                    AEM  fund flows  + 16 %      share price $ 70,11

                    Kl share price  $ 55,62 -------»should be $ 59 to $ 60

KL share holder should have an extra $ 5 based on the Q9 results and assuming a 390 000 oz for Kl in the Q3.

This is an example of Kl share holders are going to be deprived of a minimum of 10% profit.
Comment by Currower on Oct 27, 2021 8:50pm
An obvious rip off of KL shareholders. 
Comment by DudeRancher1953 on Oct 27, 2021 9:20pm
Based on your numbers, KL's share of merged cashflows would be = 1050/2274 =46.2% And that is exactly the share KL shareholders will have in the merged company.
Comment by bossu on Oct 28, 2021 8:14am
====================================================== Where do you take that 2274 ) 
Comment by DudeRancher1953 on Oct 28, 2021 10:31am
AEM CF 1224 + KL CF 1050 = Combine CF 2274
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