Victoria Gold Corp VITFF

Undervaluation ?

[andre171]

If we count on an annual production of 250,000 ounces, the annual free cash flow should be a little over 100M.

Victoria is valued at 787M, almost 8 times the CF, I do not know if we can deduce an undervaluation. The same is true for 4M reserves. of ounces which are valued at close to $200, which seems sufficient to me. What do you think ?

[OCB1234]

This post has been removed in accordance with Community Policy

[andre171]

In my opinion, it is not appropriate to compare with a major, because for a major the risk is lower, which justifies a higher ratio!

[kegman]

Numbers....Gold @$1900  AISC at $1100   250,000 X 800  = $200Million                                                                      250,000 X 700 = $175 Million          

[OCB1234]

This post has been removed in accordance with Community Policy

[MVargas]

The goal for 2023 is to produce 250,000 oz at an AISC of under $1,000.  The higher the production, the lower the AISC as fixed costs are distributed over more ounces. 2021 AISC was last estimated to be $1175, but just 164,000 oz produced in 2021 and $17 million was spent on Call Options. However, along with the POG, the cost of fuel has jumped much higher, so let's say the 2023 AISC is

[OCB1234]

This post has been removed in accordance with Community Policy