Excellent news that the AJM 2nd stage DFS was positive.
The mine life will be 13yrs at 440kt per year.
The total gross revenue is expected to be $4.4B (see below)
Even if we were to say 70% of the pit lies within the 1231 tenement, this would mean gross rev of:
$4.4B x 70% = $3.08B
Gross royalties would be:
$3.08B x 5% = $154M or 1.7c per share
A discount rate of 5% per annum would still give total royalty valuation of about 1.2c.
This does not yet include the Southern ridge drilling results that mainly focussed within the 1231 tenement that could increase the life even further of the mine.
![]()
- Forums
- ASX - By Stock
- AGO
- Positive 2nd stage DFS AJM - Great for AGO
Positive 2nd stage DFS AJM - Great for AGO
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online