indochine future share price calcs, page-4

Here is how i see it.

Total production: 1m gold 8m silver
Price : 1650$ and 30$

1m divided by 8 years = 125000oz/year
8m divided by 30$ divided by 8 years = 33333oz gold eq/year

Total production = 158333oz/year gold equivalent ounces

They give us 2 billion revenue, operating costs 800m , life of mine capex 357m.

Assuming interest expense is 10% of 218m for 4 years = 87m roughly

2000m - 800m - 357m - 87m = 756m operating profit

756m divided by 8 years = 94.5m/year before taxes/royalty.

NOW here is the interesting bit...
94.5m profit divided by 158333/oz per year = 596 per oz

This 596$ per oz is not the cash cost it is the profit per oz... So what is the total cost per oz???

1650-596= 1054$/oz <- this includes capital repayment





Warning,haven't been double checked.


Hal2000,

You wrote:
"IDC will come in after the BFS with a market cap of + one point three billion."

Wow some geologist he must be. 1.3 billion market cap after a BFS? MML is producing at below 300$/oz and market cap is only 1.1 billion.. they are ramping towards 300k/oz and 4 years ahead of IDC.

So much rubbish being posted i don't know what to say.