LCL

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Value Proposition, page-16

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littleblackduck

758 Posts.

239

06/08/20

11:21

Post #: 46343050

Originally posted by Hateful8: ↑
Hey LBD, quite an interesting little story.. Now I cook the duck slightly differently using the model value parameters for inground ounces below..

I find it discounts well for all the perceived risk in getting the stuff to market and curtails my over exuberance of linking things to the POG.
GOLD

$2,040
$932,280,000

$0.140

Status Oz
IG V/Oz $ IG D/PoG IG V/Moz $
SOI
SPV

IF 457000
$20 -99.02% $9,140,000.00
322000000
$0.028

MI

$30 -98.53%

322000000

(MI+IF/AV) 877000
$41 -97.99% $35,957,000.00
322000000
$0.112

1. https://www.*****.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html

Based on the costof 253 gold deposits acquired from 1990-2013, Cipher calculated a median benchmark value for an ounce of gold in the ground at about $40

and established that 80% of the ounces were valued at less than $90.

2. http://www.munknee.com/how-to-value-a-junior-miners-gold-in-the-ground/

Based on the analysis of 90 companies to calculate some averages Munknee arrived at these numbers:

• US$20 per ounce Inferred

• US$30 per ounce for M&I

• US$160 per ounce for P&P

Based on what we have as a known at this point and effectively discounting everything else to zero I get a combined value of .14c..

So yeah, buying in at 8 was the no brainer I thought it was & we still have all the upside potential discounted to zero just in case.. You'd think this little oversight will get picked up fairly soon.. haha 8H

p.s I think ***** have done away with split values now and appear just use an overhaul value of $45 dollars for each oz AU, but I'm happy with the lower figure for now..
Expand
Hey H8,

Your 14c/share valuation is in line with my 13c/share without a discount applied so the logic is certainly very sound. A stock that is now getting some lights shone on it...which I'm sure all holders including those from the hampton and MNC days that are still here are exicited to see...

LCL Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held

7 Upvote

0 Great analysis

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Open	High	Low	Value	Volume
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Value Proposition, page-16

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Geochemical work at Newington picks up gold and copper anomalies for Midas

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Featured News

Buyers (Bids)

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GOLD		$2,040		$932,280,000		$0.140

Status	Oz	IG V/Oz $	IG D/PoG	IG V/Moz $	SOI	SPV

IF	457000	$20	-99.02%	$9,140,000.00	322000000	$0.028
MI		$30	-98.53%		322000000

(MI+IF/AV)	877000	$41	-97.99%	$35,957,000.00	322000000	$0.112


1.	https://www.*****.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html

	Based on the costof 253 gold deposits acquired from 1990-2013, Cipher calculated a median benchmark value for an ounce of gold in the ground at about $40
	and established that 80% of the ounces were valued at less than $90.

2.	http://www.munknee.com/how-to-value-a-junior-miners-gold-in-the-ground/

	Based on the analysis of 90 companies to calculate some averages Munknee arrived at these numbers:

	• US$20 per ounce Inferred
	• US$30 per ounce for M&I
	• US$160 per ounce for P&P

Value Proposition, page-16

Top Stories

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Geochemical work at Newington picks up gold and copper anomalies for Midas

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News