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Bullboard - Stock Discussion Forum Cerrado Gold Inc V.CERT

Alternate Symbol(s):  CRDOF

Cerrado Gold Inc. is a Canada-based gold production, development, and exploration company focused on projects in the Americas. The Company is the 100% owner of both the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina and is the 100% owner of the Mont Sorcier Iron Ore Project in Quebec, Canada. In Canada, it holds a 100% interest in the Mont Sorcier Iron... see more

TSXV:CERT - Post Discussion

Cerrado Gold Inc > From the new research report (company sponsored)
View:
Post by Tree2tree on Jul 15, 2021 8:05pm

From the new research report (company sponsored)

"We also believe that Cerrado's current market cap of $104 million CAD ($83 million USD), using Cerrado's fully diluted share count of 84 million, does not adequately reflect current production and expected free cash flow at the Argentina mine, or the strong prospects of the MDC mine in Brazil (whose initial PEA in 2020 suggested an after-tax NPV of $430 million, using a 5% discount rate). We also expect the projected value of MDC to rise further after the company conducts a new PEA. Over time, we expect higher production and updated resource reports to drive increased investor interest in Cerrado, and narrow the gap between the company's market valuation and NPV."
Comment by ABDPhil on Jul 16, 2021 9:37am
Cerrado's production costs are so high that current profitability is entirely dependent on the value of gold. The management team anticipates a drop in production costs, but will this drop be sufficient and sustainable to ensure funding for the development of MDN and its other projects? Is this drop in production costs the result of an increase in gold grade or an improvement in the ...more  
Comment by Beluga2020 on Jul 16, 2021 10:29am
Phil again that's quite the thorough analysis  that is not interested in becoming a Cerrado shareholder. You are starting to repeat yourself. If you were truly interested in this company, you would listen to the latest interviews to stay updated. I will repeat the latest. The CEO is on record saying the following: The AISC at MDN is currently in the $1150-1200 range, and expects it to be ...more  
Comment by ABDPhil on Jul 16, 2021 11:59am
You are right, I am not interested in Cerrado. And as long as the financial results are like this, I will limit myself to observing the situation. My investment choices are not influenced by what is said in the video clips, let's be serious. Just because the factory was recently built does not necessarily mean that it is efficient. It was built on a limited budget in the hope that the profits ...more  
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