Victoria Gold Corp (VIT): Waht a 8M for Victoria. This is now a t...

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Gatsby

Re: Gatsby post# 209

Wednesday, 09/02/2020 3:19:11 AM

Wednesday, September 02, 2020 3:19:11 AM

Waht a 8M for Victoria.
This is now a total different stories. Waiting for next exploration results and then for the Financial statements. 2Q won't be the impressive one but the following, the 3Q with POG at around 1900-2000 should be great. For reminder AISC for Victoria should be around 800USD*oz and around 1000 for the first one-two years (until full efficient production and debt decrease).
With a targeted 200-210K yearly production... let's say 16-17K/month...we are speaking about huge free cash ! 14-15M free cash each month.
Victoria has already make a 10MUSD debt repayment in advance...

target price is 25-30 usd by end of year if POG stays steady.

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