BTR brightstar resources limited

Happy New Year fellow investors and future investors,It's the...

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    Happy New Year fellow investors and future investors,

    It's the start of 2025 and what a year 2024 was!
    I wanted to consider a discussion for the year ahead.
    Reviewing the Sept 2024 Investor Presentation again - a number of things stand out for me, namely the 2025 1H production of 100koz pa rate.

    https://hotcopper.com.au/data/attachments/6721/6721064-f578ae2465e0ded7f381a2fcc93f1987.jpg

    Achieving that might result in revenue in this capacity:


    Scenario 1: Lower Gold Price (A$2,500/oz):

    • Revenue = 100,000 oz × A$2,500/oz = A$250 million.

    Scenario 2: Higher Gold Price (A$3,000/oz):

    • Revenue = 100,000 oz × A$3,000/oz = A$300 million.
    Could we be making money? Some 'back-of-the envelope' analysis to promote discussion (please DYOR):

    Revenue A$187.5 million (assuming 75,000 ounces of production at an average price of A$2,500/oz)
    • AISC:(All-in Sustaining Cost)

      • Estimated at A$1,800–A$2,000/oz, based on scoping studies.
      • Total production cost for 75,000 ounces:
        • At AISC of A$1,800/oz: A$135 million.
        • At AISC of A$2,000/oz: A$150 million.
    • Gross Profit (Revenue - AISC):

      • At AISC A$1,800/oz: A$52.5 million.
      • At AISC A$2,000/oz: A$37.5 million.
      Additional Cost:
    • Exploration & Development Costs: Brightstar plans aggressive drilling programs and feasibility studies. Estimate: A$10–15 million.
    • Corporate Overheads: Administration, salaries, and other expenses. Estimate: A$5–10 million.
    • Financing Costs: Potential interest on debt or other financial obligations. Estimate: A$2–5 million.
    Net Profit Estimate:

    At AISC A$1,800/oz:

    • Gross Profit: A$52.5 million.
    • Net Profit: A$22.5–37.5 million.

    At AISC A$2,000/oz:

    • Gross Profit: A$37.5 million.
    • Net Profit: A$7.5–22.5 million.

    Recent $30M capital raise.

    I am merely an investor and mainly in the developmental mining sector. I encourage other investors and potential investors to discuss:
    • What we think / hope / hope-not the company may focus on immediately,
    • This (above) revenue analysis puts the existing market capitalisation value into perspective..
    • What may happen to the shareprice over the next 6-12 months
    • SP consolidation - ideas..
    Let's all continue to add our ideas and discuss,
    (Please DYOR, the above numbers are just for a discussion)
 
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Mkt cap ! $248.6M
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