Luca Mining Corp V.LUCA

Set to mine

[okgonow]

80000 oz gold equivalent this year at an average price of let's say 2600$ that's 208 mill rev.

divide that by 200mill shares outstanding is a $1.08 per share with no multiplier this is a no brainer at  $.60

next year with 100k oz at an average of $2700 per oz is 270$k 
is $1.70 and if we apply a conservative 1.7x that's  $2.29 per share that's a 300% upside from today

[666999]

Do not forget warrants next year - 50M ? Share count should be 250M + next year, production, drill results, AISC, debt will shape mkt cap, lets say for 100.000 Au oz eq, AISC $ 1600 - 300 M $ mkt cap, but it depends on several things, H2 will tell a lot, its cheap, but not dirt cheap unfortunatelly....

[okgonow]

FYI Shares Outstanding.   198,053,448 Warrants (Weighted Avg: $0.55).  56,420,409 Options (Weighted Avg: $0.51).  15,592,403 Restricted Share Units.  1,300,000 Convertible Debenture.   22,540,457 Fully Diluted.     293,906,717

[okgonow]

 As for the debentures Barnholden has said he would repurchase all of those before they come due! so more like 271000 shares outstanding fully diluted 

[GoldfingerU3O8]

294 Million fully diluted. Source: investor presentation https://t7x6fa.p3cdn1.secureserver.net/wp-content/uploads/2024/10/Luca-Mining-Presentation-Oct2024.pdf Slide 15

[okgonow]

look like there is still overhang from those stupig life share issuance otherwise we would be over $.70 at this point

[666999]

We will have to wait for 3rd Qr results, to move share price, volume is good, but a lot of shares are for sale around 0.60....

[666999]

Im glad that was wrong, nice move today, and right at the resistance, next stop 0.72-0.76 

[okgonow]

asks art super thin after .75

[okgonow]

tgat turnd out not so great today still quite a bit of overhang from the money raise but this will force all warrants to be exercised and hopefully all those that are selling their shares from the raise will get burned because LUCA SP will be well over $1 by year end why sell at these bargain prices???? dummys

[666999]

Gold, silver price will do most for share price, and good Q3 results, after 10% day we could not expect more

[okgonow]

I agree although after our 10% day we did hit a new 52 week high on decent volume one would think we should of held on to some gains yesterday ( I chalk it up to non investors that bought ito the life shares or others that exercised their warrants  selling for profit) with that being said hopefully the shares ended up in stronger hands to people that see the value of holding shares as we are

[a2bman]

Its a market not an algorithm

[okgonow]

volumes way down on all my holdings looks like everyone is waiting for the sh..show to be decided down south!!