Sunday, February 21, 2021 11:46:51 AM
Based on NI 43-101 , Balabag,over 3 years, will generate Net Income after Tax of $ 18.4 M usd,based on $1250 usd gold and $15.00 usd silver.
Since Gold currently sits just under $ 1800 and Silver around $ 27.00,therefore it should be save to assume the projected Revenue of $164,000,000 usd would increase by approx 40% to $ 230,000,000 usd .
The incremental Revenue of $ 66,000,000 would improve the Net Income after Tax by $ 40,000,000 yielding $ 58,000,000 usd.
TVI's 30.66 % ownership would represent $ 18,000,000 usd OR $ 6,000,000 annually, OR $ .009 Net profit per share
P/E ratio of 20 would value TVI at .18 pps usd OR .23 cad
Keep in mind that only the Balabag mine is considered and DOES NOT include TVI's share of other TVIRD Agata nickel profits,future Limestone,Reserve expansion for Balabag and Agata,IGE ownership etc.
Good Luck everyone.
Recent TVI News
- TVI Pacific Inc. Announces Issuances of Promissory Notes • PR Newswire (Canada) • 04/16/2024 12:56:00 PM
- Project Update at TVI Pacific's 30.66% owned TVIRD and TVI Pacific Corporate Update • PR Newswire (Canada) • 04/12/2024 01:38:00 PM
- Update of Activities at TVI Pacific's 30.66% owned TVIRD Balabag Gold and Silver Mine • PR Newswire (Canada) • 04/04/2024 01:43:00 PM
- TVI Pacific Provides an Update of Restart Activities at TVIRD's 100% owned GRC Siana Gold Mine • PR Newswire (Canada) • 04/02/2024 01:34:00 PM
- TVI Pacific's 30.66% owned TVIRD Closes US $30 million Term Loan Facility Through GRC for its Siana Gold Mine • PR Newswire (Canada) • 12/28/2023 03:49:00 PM
- TVI Pacific's 30.66% owned TVIRD Closes US $14 million Short Term Loan for its Balabag Gold Mine • PR Newswire (Canada) • 09/05/2023 12:48:00 PM
- TVI PACIFIC CLOSES $1.34 MILLION NON-BROKERED PRIVATE PLACEMENT • PR Newswire (Canada) • 08/15/2023 04:55:00 PM
- TVI PACIFIC ANNOUNCES EXTENSION OF PRIVATE PLACEMENT • PR Newswire (Canada) • 08/15/2023 12:25:00 PM
- TVI PACIFIC ANNOUNCES EXTENSION OF PRIVATE PLACEMENT • PR Newswire (Canada) • 07/31/2023 01:14:00 PM
- TVI Announces the Results of its Annual General and Special Meeting of Shareholders • PR Newswire (Canada) • 06/29/2023 01:13:00 PM
- TVI PACIFIC ANNOUNCES ADDITIONAL DIRECTOR NOMINEES • PR Newswire (Canada) • 06/26/2023 11:00:00 AM
- TVI PACIFIC ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF COMMON SHARES FOR AGGREGATE PROCEEDS OF CDN $1,340,000 • PR Newswire (Canada) • 05/30/2023 08:00:00 PM
- TVI Pacific Announces Corrected Notice & Access Notification of Annual General and Special Meeting of Shareholders • PR Newswire (Canada) • 05/29/2023 12:27:00 PM
- TVI Pacific's 30.66% owned TVIRD Signs Memorandum of Agreement on Restructuring of the Mabilo Project • PR Newswire (Canada) • 05/23/2023 01:26:00 PM
- TVI PACIFIC ANNOUNCES APPLICATION FOR MANAGEMENT CEASE TRADE ORDER • PR Newswire (Canada) • 05/19/2023 10:06:00 PM
- Mining and Projects Update at TVI Pacific's 30.66% owned TVIRD • PR Newswire (Canada) • 05/09/2023 11:00:00 AM
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