SolGold (SOLG.L) (SOLG.to): Here's how I put it... - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title SolGold (SOLG.L) (SOLG.to): Here's how I put it..., We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : SolGold (SOLG.L) (SOLG.to): Here's how I put it...
link : SolGold (SOLG.L) (SOLG.to): Here's how I put it...

SolGold (SOLG.L) (SOLG.to): Here's how I put it...

...to a mailpal who asked for a thought or two on the Maiden Resource Estimate out of the company today (NR here). The only thing I forgot to add was my throughput assumption of 80,000tpd, but he knew that one already. Mail reproduced verbatim.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The 120mt high grade gives 4 years of feed.

Assuming reasonable things ($3/lb copper price, 85% overall recoveries incl gold portion which will be lower than copper recovery), the 1.8% CuEq core gives "rock worth" of U$101.2/tonne....let's call it a hundred.

Therefore, that high grade core is worth U$12Bn.

Capex estimate $5Bn. Overall margin estimate 50%.

The capex is paid by the hi grade with a billion to spare in less than four years. Then the rest is gravy, and we're talking literally decades of gravy, even without the next porphyry drilled at Cascabel.

This is a solid maiden resource.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Thus Article SolGold (SOLG.L) (SOLG.to): Here's how I put it...

That's an article SolGold (SOLG.L) (SOLG.to): Here's how I put it... This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article SolGold (SOLG.L) (SOLG.to): Here's how I put it... with the link address https://todaysand.blogspot.com/2018/01/solgold-solgl-solgto-heres-how-i-put-it.html

Tweet

Subscribe to receive free email updates: