LCL

25.0%

1.0¢ lcl resources limited

Hey H8,Your 14c/share valuation is in line with my 13c/share...

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littleblackduck

752 Posts.

237

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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Last 1.0¢		Change 0.002(25.0%)		Mkt cap ! $9.648M

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Hey H8,Your 14c/share valuation is in line with my 13c/share...

XReality Group wins $800K contract from Aus Government for military and police VR training tech

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ACCC raises competition concerns about acquisition of Lendlease projects

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Askari sets exploration target of up to 323K ounces Au at Burracoppin

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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

Hey H8,Your 14c/share valuation is in line with my 13c/share...

Top Stories

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Latitude 66 Shares Surge 8900% on Promising Exploration Update

ACCC raises competition concerns about acquisition of Lendlease projects

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News