Well done Popeye82, I think this paragraph from the valuation report summed it up nicely.
"WAF remains unhedged, and at current spot gold price of ~US$1,700/oz, Sanbrado’s anticipated low OPEX provides high margins, which we estimate to be over US$1,100/oz (at full production). We forecast EBITDA in CY20 of ~A$220m and ~A$480m in CY21. The project debt facility (fully drawn US$200m) provided by Taurus attracts a 7.75%pa interest rate. The first debt repayment is scheduled for March 2021, with 16 quarterly installments through to Dec’24. WAF has the flexibility to repay the facility early, without penalty."
It would be nice if gold is able to hold above $1700/oz for some considerable time. Changes the metrics on this forecast again. I note that the report was dated 9th June and gold has been above that $1700 level every single day since then.
$1 Party thread, page-133
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Last
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Mkt cap ! $1.428B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.41 | $1.33 | $7.200M | 5.217M |
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| No. | Vol. | Price($) |
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| 5 | 54362 | $1.38 |
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| Price($) | Vol. | No. |
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| $1.39 | 80972 | 4 |
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Last
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Change
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| Open | High | Low | Volume | ||
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