TBA 0.00% 2.6¢ tombola gold ltd

Outstanding upside potential and near term cash flow. Assume...

  1. 4,750 Posts.
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    Outstanding upside potential and near term cash flow. Assume 650,000 tonnes per year @ 2.5 g/t au (could be higher) = 54,166 gold ounces. Then 90% recovery = 48,750 ounces, then 80% of JV to AMG = 39,000 ounces @ US$1,844.10 / A$2,430.40 = A$94,785,600 (12 month forward sales) before CAPEX and OPEX are deducted.

    Assume A$1,500 per ounce (CAPEX + OPEX) for free cash flow of A$943.40 x 39,000 = $36,792,600 EBITDA
    Started buying to-day. Minimum Valuation Guesstimate falls into range of $100M - $150M BEFORE you start evaluation upside potential of ALL projects held by AMG. IMHO this could be +$1.00 per share in the blink of an eye. Please do your own research, guesstimates are conceptual. Good luck to all longs.
 
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