Post by
Aberta1 on Jul 14, 2021 11:11pm
Anglogold/Corvus
Anglogold buying KOR @ $4 a share after Corvus Gold PEA. Share structure similar to Loncor. But I am not sure of total ounces Corvus may have with in their 2 porjects in Nevada.
Comment by
nozzpack on Jul 15, 2021 5:12am
Total NPV5 is $750 milion US or about $900 m in CAD. Offer including modest debt owned to Anglo amounts $585 m CAD, so that are getting about 65 % NPV5. Anglo owns 20 %. Offer is non binding so Anglo is fishing..
Comment by
nozzpack on Jul 15, 2021 5:28am
My preliminary NPV for Adumbi came in well above $750 million US at 8 % discount. With Loncor, the total projext property is not given any value in my scoping PEA but those assets are quite substtantial .https://stockhouse.com/companies/bullboard/t.ln/loncor-gold-inc?postid=33159333