Wednesday, November 25, 2020 6:44:02 PM
BBA.P Float – 45,605,403 / 8.31 (rollback amount) = 5,488,014
BBA.P Halted Price - $0.05 X 8.31 (rollback price) = 41.55 cents
Cerrado Gold Company Presentation – 55,453,780 Shares (Private)
November Private Placement - $25 million(price not announced) Assuming same price as rollback
Placement Shares(Estimate) $25,000,000 / $0.41 = 60,975,609
Capella Minerals Share Holdings(Estimate) based on $2.25 million at raise price
CMIL Holdings: $2,250,000 / $0.41 = 5,487,804
Estimated common shares without options or warrants:
BBA.P(5,488,014) + Cerrado Gold (55,453,780) + Nov PP(60,975,609) + CMIL(5,487,804) = 127,405,207, lets round to 127.5 million for sake of ease
Estimated revenue from their November company presentation: https://c0fa6392-d308-44dd-a6f0-35d71f381b56.filesusr.com/ugd/c9f131_6af33570b7fc4c99b47de9b4244869a1.pdf
Page 5 information: NPV of $432 million USD @ $1550oz USD, today gold is at $1800.
Estimated production of 45,000 to 55,000 ounces of gold per year with a AISC of $900 to $1100 per ounce.
For low estimates, lets use their $1550 price and lower output of 45,000 ounces and a AISC of $1100:
$1,550 - $1100 = $450 net income per ounce X 45,000 ounces = $20,250,000 USD Estimated net income for 2021.
Estimated earnings: $20,250,000 / 127,500,000 = $0.1588 or $0.16 USD (convert to CAD) X 1.30 = $0.208 or $0.21 earnings per share, estimated at low output.
Compare this to a similar producer like F.V(Fiore Gold) who produced 46,000 ounces of gold in it’s fiscal year and earned close to $9 million USD with a float of 99 million shares, it trades around $1.50 CAD.
Estimated target price for Cerrado Gold (CER) should be around the $2 mark, assuming a minimum gold producer multiple of 10 times. How does it affect Capella Minerals? The company should technically be holding over $10 million dollars in stock value by the end of 2021, large than the current market cap and not taking into consideration it’s current cash position, 6 projects being worked on, or the millions of shares held in Ethos Gold. Again, this is all an estimate until we get the actual placement numbers, which should be out anytime.
Secondary Note: Cerrado Gold will have a webinar on December 8th 2020, those that wish to listen to this, join up here - https://www.redcloudfs.com/rcwebinar-cer/
Recent CMIL News
- Capella Announces Strategic Partnership with Teako Minerals on Løkken Copper-Cobalt-Zinc Project • PR Newswire (Canada) • 08/19/2024 10:00:00 AM
- Capella Provides Scandinavian Project Portfolio Update • PR Newswire (Canada) • 07/22/2024 01:00:00 PM
- Capella Announces Termination of Agreement with Polar Transition for the Sale of its Central Norway Copper Assets • PR Newswire (Canada) • 07/19/2024 08:30:00 PM
- Capella to Sell Equity Interest in Sierra Blanca to Unico Silver • PR Newswire (Canada) • 05/21/2024 01:00:00 PM
- Capella Provides Extension for Norway Asset Sale Closing • PR Newswire (Canada) • 04/09/2024 04:47:00 PM
- Capella Sells Savant Gold Project to Prospector Metals • PR Newswire (Canada) • 04/04/2024 11:00:00 AM
- Capella Provides Update on Central Finland Lithium Project • PR Newswire (Canada) • 01/10/2024 02:30:00 PM
- Capella Granted Killero West Exploration Permit and Provides Update for Maiden Drill Program at Killero East Copper-Gold Target, Northern Finland • PR Newswire (Canada) • 12/05/2023 02:00:00 PM
- Capella - Financing Update • PR Newswire (Canada) • 11/15/2023 04:58:00 PM
- TSX Venture Exchange Stock Maintenance Bulletins • PR Newswire (Canada) • 10/18/2023 12:57:00 AM
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - CMIL • PR Newswire (Canada) • 10/17/2023 08:11:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - CMIL • PR Newswire (Canada) • 10/17/2023 08:08:00 PM
- Capella Announces Definitive Agreement for the Sale of is Central Norway Copper-Cobalt Projects to NickelX and Financing Update • PR Newswire (Canada) • 10/17/2023 03:10:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - CMIL • PR Newswire (Canada) • 10/17/2023 01:48:00 PM
- Canadian Investment Regulatory Organization Trading Halt - CMIL • PR Newswire (Canada) • 10/17/2023 01:45:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM