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Value Proposition, page-14

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mjp2

10,742 Posts.

245

06/08/20

08:56

Post #: 46336584

Originally posted by Hateful8: ↑
Hey LBD, quite an interesting little story.. Now I cook the duck slightly differently using the model value parameters for inground ounces below..

I find it discounts well for all the perceived risk in getting the stuff to market and curtails my over exuberance of linking things to the POG.
GOLD

$2,040
$932,280,000

$0.140

Status Oz
IG V/Oz $ IG D/PoG IG V/Moz $
SOI
SPV

IF 457000
$20 -99.02% $9,140,000.00
322000000
$0.028

MI

$30 -98.53%

322000000

(MI+IF/AV) 877000
$41 -97.99% $35,957,000.00
322000000
$0.112

1. https://www.*****.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html

Based on the costof 253 gold deposits acquired from 1990-2013, Cipher calculated a median benchmark value for an ounce of gold in the ground at about $40

and established that 80% of the ounces were valued at less than $90.

2. http://www.munknee.com/how-to-value-a-junior-miners-gold-in-the-ground/

Based on the analysis of 90 companies to calculate some averages Munknee arrived at these numbers:

• US$20 per ounce Inferred

• US$30 per ounce for M&I

• US$160 per ounce for P&P

Based on what we have as a known at this point and effectively discounting everything else to zero I get a combined value of .14c..

So yeah, buying in at 8 was the no brainer I thought it was & we still have all the upside potential discounted to zero just in case.. You'd think this little oversight will get picked up fairly soon.. haha 8H

p.s I think ***** have done away with split values now and appear just use an overhaul value of $45 dollars for each oz AU, but I'm happy with the lower figure for now..
Expand
lols
you didn't need my basic comments earlier

LCL Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held

2 Upvote

0 Great analysis

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Value Proposition, page-14

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

GOLD		$2,040		$932,280,000		$0.140

Status	Oz	IG V/Oz $	IG D/PoG	IG V/Moz $	SOI	SPV

IF	457000	$20	-99.02%	$9,140,000.00	322000000	$0.028
MI		$30	-98.53%		322000000

(MI+IF/AV)	877000	$41	-97.99%	$35,957,000.00	322000000	$0.112


1.	https://www.*****.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html

	Based on the costof 253 gold deposits acquired from 1990-2013, Cipher calculated a median benchmark value for an ounce of gold in the ground at about $40
	and established that 80% of the ounces were valued at less than $90.

2.	http://www.munknee.com/how-to-value-a-junior-miners-gold-in-the-ground/

	Based on the analysis of 90 companies to calculate some averages Munknee arrived at these numbers:

	• US$20 per ounce Inferred
	• US$30 per ounce for M&I
	• US$160 per ounce for P&P

Value Proposition, page-14

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News