TSXV:CKG - Post Discussion
Post by
HuberPeter on Jul 22, 2022 6:17am
current valuation @ CAD 1,94
What you get for 130m MC: - Metates (one of the biggest undeloped AU/AG silver deposits)
- cash: about 32m CAD (included LT investments)
- 65% Gunpoint interest: represents about 21m CAD
- the Alderley Tecnology bought by sharedeal valued at 45m CAD
- a highly reputable CEO with his own skin in the game
My Assumptions:
Metates is valued at less than 80m CAD (not valueing the intangible aquired alderley tecnology). Metates hosts about 20m oz Au and about 560m oz AG. The starter pit grades has been raised by about 20%, which is HUGE - this improvement is still not involved in the PEA . The PEA (valued @ 1600 USD POG, 22 usd AG) indicates about 1,1b CAD NPV5 aftertax at about 30% IRR, this is and 8,5 multiple to current MC. And the PEA only represents about 1/5 of the mineral inventory of the whole Metates deposit. The met oxidation recovery results are expected to be published by Semptember when a re-rate is probably.
DYODD
Peter
disclosure: I am long with 140.000 shares.
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