TVI Pacific Inc (TVIPF)

[ronrooster]

Balabag @ 2,000 tpd has measured resources to last 6 years.(very soon til 2027)
Siana @ 3,000 tpd has measured resources to last 4 years.( start in 1 year,til 2026 )
Mapawa Utilizing Siana has resources to last 3 years.( til 2029)
Expanding resources will occur on a on going basis.
Based on $1700 gold and $22 silver measured resources are valued at over 2 Billion usd.
To take it a bit further; 2 Billion usd = over $2,500,000,000 cad.
TVI's 30.66 % = $ 775,000,000 cad
That would be revenue once all measured reserves have been mined, over 8 years.
Based on my calculations Net Profit after taxes would be around 18 %.
My rational is that the original 43-101 was based on 1250 gold and 15 silver yielded 11.2% NP.Since fixed costs would remain the same ie milling costs,overhead,interest etc, approx 40 % of incremental revenue would go directly to the bottem line.