Post by
richard45161 on Dec 09, 2024 10:28am
CP was updated with minor updates
CP was updated in Novemebr with Q3 figures and some minor changes.
https://majesticgold.com/investors/presentations/
Production forecast for 2024 is repeatedly stated with 34.200 ozs (10k ozs for Q4) and with 10.600 ozs for all Q1-4 2025.
With the 34.200 ozs and the continued strong gold price, we will have a record net earning of 20 million USD m2024. I think, it is really likely that we will have a second dividend of 0,007 CAD with the anual results end of March from PRG to its shareholders and from MJS to its shareholders respectivly.
Looking on the fundamentals, MJS is crazy undervalued looking on DCF (fair value at around 0,27CAD simplywallstreet.com) . Looking on paying Dividend, Cashposition, and growing revenue and business in 2025 - its easy 0,5 CAD
2026 is set to be even better business and we will know with the updated CP in H1 2025 - hopefully early in H1. By then we will know if dividends will be paid out 2 times for the financial year and if they can achieve the prodcution forecasted for 2025 which makes productions forecast 2026 more credible.
As always, you do you - i try to provide value
what makes me angry is this constant obvious uncommented/accepted BS from some sides here
best
richard
Comment by
richard45161 on Dec 10, 2024 6:15am
same old BS with you Its called opinion or speculation - ridiculous that i need to explain this to you in regards to the stock market. My opinion/speculation is concrete and based on arguments with sources. your BS is based on foggy and thin fears, wrapped in disgusting behavior. the decission seems to be easy, but hey :) internet it is Richard