Post by
psych01 on Apr 24, 2021 7:48pm
Re:RE:Re:OGC presentation 8th German Resource Night by SRC!
$10 is about 2 years down the road--so longer term. It is a good, not best case scenario for the amount of ounces I believe will be produced with Didipio back, Haile underground producing, Martha coming in with increased ounces, Macraes continuing as predicted and prospects looming and growing with the new prospecting. gpt are all good to excellent by industry standards. Therefore, even though your comment was sarcastic---$10 is not out of line given SP for peers producing similiarly and financing, facility etc. in good shape. If POG is our friend it could even be better. Why not just watch things go up up up, don't buy, and be left in the dust. Better yet, buy a lot and live to be very glad about it. IMO
Comment by
tigris72poo on Apr 24, 2021 11:48pm
We will never get full credit for Didipio after what happebed the last two years. But $150 million /yr in extra CF will go a long way towards paying down debt and financing growth projects. $5 is easy to see. $10 will only happen with big discovery at WKP or much higher gold prices, IMO
Comment by
Esther1 on Apr 25, 2021 8:41am
More like 60 million in extra cash flow. You forgot the governments 60% take. That assumes that agreement is the same, with no sweetners, and everything goes well