Nadex Advertisement
Interactive Brokers Advertisement
Home > Boards > US OTC > Mining/Resources >

Excelsior Mining Corp. (EXMGF)

Add EXMGF Price Alert      Hide Sticky   Hide Intro
Moderator: rubberworm, masslanding, Photonics_Guy
Search This Board: 
Last Post: 7/25/2017 1:31:50 AM - Followers: 22 - Board type: Free - Posts Today: 1®ion=C

Highlights of the 2016 FS (United States dollars)

·        Net Present Value (“NPV”) of $1.172 billion pre-tax and $807 million post-tax at 7.5% discount rate using a life of mine (“LOM”) copper price of $2.75/lb;

·        Internal Rate of Return (“IRR”) of 48% pre-tax and 40% post-tax;

·        Initial construction capital costs of $46.9 million includes 20% contingency, 16% EPCM, freight, mobile equipment, owner’s costs and capital spares;

·        Average life of mine operating costs of $0.65/lb;

·        All-In Cost (LOM capital costs plus operating costs) of $1.23/lb;

End of year letter: 

December 19, 2016 

Fellow Investors, 

I want to start with the one word that I feel best encapsulates not just this past year, but our entire history as a company: “credibility”. We believe that the way to create genuine value is by setting realistic goals and then delivering on those goals. As we head into our final year of development, our business model will continue to reflect a company that knows exactly what needs to be done in order to achieve all of our goals. 

At the start of 2016 we set ourselves some very significant targets. In every case, we achieved those targets and met our budgetary expectations, all of which proved accretive to our market capitalization. 

Some of the significant milestones from this past year included: 
• Full integration of the Johnson Camp Mine into our company; the facility remains in good working order and will allow us to commence production via a low-cost, staged, ramp-up; 
• Filed state and federal permits that are progressing well through the regulatory process; 
• Raised significant capital at a premium to our then market price; these funds are expected to see us well past the targeted construction decision; 
• Completed an Updated Prefeasibility Study and a Feasibility Study; both of theses technical reports highlight the industry-leading low operating costs, low capital costs and small environmental footprint that should make our project one of the most attractive new copper mines in the world. 
These accomplishments reflect the quality of our management team. We have the experience and business acumen necessary to take the Gunnison Copper Project into full production, and that is exactly what we intend to do. 

The next big milestone ahead of us will be the receipt of operating permits. Permitting is one of the biggest issues facing a pre-production project, and we remain very confident that our operating permits will be received in keeping with our track record of achieving milestones on time and on budget. We are very proud of the quality of our community out-reach program, which we initiated over five years ago. Additionally, we know that our permitting team, led by VP Sustainability, Rebecca Sawyer, has the capacity and experience to deliver on this key milestone. 

I offer my appreciation for all of our investors and stakeholders who have maintained their support. Heading into the New Year, our goals remain the same: we are working towards a resounding technical and market success. There is no reason why we cannot accomplish both and we will be satisfied with nothing less. 

Kind Regards, 
Stephen Twyerould 
Present & Chief Executive Officer 

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
#588  Sticky Note Excelsior Mine Controller Job Posting Photonics_Guy 07/10/17 11:41:04 PM
#460  Sticky Note Excelsior Due Diligence Summary Photonics_Guy 03/04/17 07:58:53 AM
#605   Copper over the magic $2,75 price at the masslanding 07/25/17 01:31:50 AM
#604 rubberworm 07/24/17 01:23:03 AM
#602   The demand for copper due to electric vehicles rubberworm 07/24/17 12:28:52 AM
#601   Buyers wager on copper as electrical automobile race rubberworm 07/22/17 12:36:40 AM
#600   Investors bet on copper rubberworm 07/22/17 12:10:52 AM
#598   Top 10 Canadian base metal explorers rubberworm 07/19/17 05:39:20 PM
#597   oak tree fund rubberworm 07/18/17 12:25:05 AM
#596   New Clip masslanding 07/15/17 12:01:13 PM
#595 EQUITIES IN THE MARKETPLACE rubberworm 07/13/17 11:54:21 PM
#594   Way to go guys nowwhat2 07/13/17 12:33:57 PM
#593   One Dollar in CA masslanding 07/13/17 10:09:33 AM
#592   Thank you Walter. Glad you found it helpful. Photonics_Guy 07/13/17 09:27:58 AM
#591   very impressive photonics guy- excellent dd you are doing walterc 07/13/17 06:34:32 AM
#590   EPA Underground Injection Control Permit (UIC) Photonics_Guy 07/12/17 04:16:36 PM
#589   A New Record High Close for Excelsior! Photonics_Guy 07/12/17 04:15:20 PM
#588   Excelsior Mine Controller Job Posting Photonics_Guy 07/10/17 11:41:04 PM
#586   Company Valuation Terms and Descriptions Photonics_Guy 07/10/17 11:52:31 AM
#585   Excelsior Mine Controller job posting for Gunnison Copper Project Photonics_Guy 07/08/17 07:15:38 PM
#584   For a NPV valuation at 100% (no discount), Photonics_Guy 07/07/17 02:50:53 PM
#583   Thanks so every penny rise in copper may rubberworm 07/07/17 02:39:09 PM
#582   Rubberworm - Photonics_Guy 07/07/17 12:46:41 PM
#581   Boy a 15 cent difference in copper price rubberworm 07/07/17 12:40:15 PM
#580   Thanks Photonics for the detailed information, hope you suerte88 07/07/17 08:56:34 AM
#579   Suerte - Great question! Wish I Photonics_Guy 07/07/17 08:50:38 AM
#578   Nice,and the public comment period is almost complete. masslanding 07/07/17 08:20:50 AM
#577   Hi Photonics, suerte88 07/07/17 07:37:41 AM
#576   New Caesars Report discussing recent draft permit Photonics_Guy 07/07/17 07:21:20 AM
#575   Chart masslanding 07/07/17 02:25:57 AM
#574   Nice masslanding 07/06/17 10:58:36 PM
#573   write up rubberworm 07/06/17 08:55:46 PM
#572   All Volvo will have electric motors by 2019. LCP77 07/06/17 08:24:56 AM
#571   Very sweet... rubberworm 07/05/17 08:13:03 PM
#570   Last trade matched MIN's all-time high at 0.94 Photonics_Guy 07/05/17 02:30:16 PM
#569   link from stockhouse board rubberworm 06/30/17 02:24:36 PM
#568   Pretty impressive. nowwhat2 06/30/17 12:23:48 AM
#566   better link rubberworm 06/28/17 08:24:15 PM
#563   Large Trades in MIN! Photonics_Guy 06/28/17 04:59:23 PM
#562   Good Job. Thanks AZCUminer 06/28/17 04:05:42 PM
#561   Lol everytime i write something like that, something suerte88 06/28/17 04:01:48 PM
#560   Lol that stock is really crappy suerte88 06/27/17 02:27:26 PM
#559   News masslanding 06/27/17 10:07:27 AM
#558 rubberworm 06/19/17 08:50:37 PM
#557   Put it out when did they pay under rubberworm 06/19/17 12:02:29 AM
#556   Agreed, Greenstone put in millions. I agree, however, zico101 06/18/17 11:24:18 PM
#555   Roger that suerte88 06/16/17 01:34:48 AM
#554   Greenstone has been putting in millions of dollars. rubberworm 06/15/17 06:03:13 PM
#553   Really ? bernice 06/15/17 04:25:56 PM
#552 masslanding 06/15/17 09:08:58 AM
#551   :D:D but nobody cares hahah suerte88 06/15/17 06:10:52 AM
#549   Excelsior adds key permit rubberworm 06/15/17 12:06:42 AM