Have a look at this:
https://hotcopper.com.au/posts/48194636/single
This estimate has been aggressively tuned with assumptions to be conservative:
This above is a valuation for a starter pit.
- Gold price at USD $1,800 (instead of $1,900)
- AISC at a 20% premium to AISC for Victoria Gold (which has a similar mineralisation style)
- 7% premium to the exchange rate
- 40% dilution of fully-diluted share issue to achieve production
- CAPEX based on capital intensity for Victoria Gold
- Adjustment for 2% net smelter royalty to JV partner
It doesn't factor in the expansion potential in NVA. Can envisage that NVA could double production within 5 years of achieving cashflow due to the scale of their asset / resources.
In a gold bull market, we could easily see gold prices USD $2,500+ in production. That would be a massive increase in margin. On these numbers about a 60% to 70% increase in gross margin.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $37.75M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $12.60K | 80.89K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 72834 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 2479 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 72834 | 0.150 |
4 | 85742 | 0.145 |
4 | 380000 | 0.140 |
3 | 127000 | 0.135 |
5 | 113776 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 2479 | 1 |
0.160 | 110380 | 3 |
0.165 | 36767 | 2 |
0.175 | 10000 | 1 |
0.180 | 37701 | 4 |
Last trade - 15.35pm 06/09/2024 (20 minute delay) ? |
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