Very good discussions about the potential of CGFI recently. Here is some data that those who have been around here for a while will have seen before, with some slight modifications based on recent events. This is a detail of the probable outcomes once the mill is up and running. I have only contemplated gold and Silver production, no other metals. Also note the inflated OS used to create a worst case scenario.
Change any of the numbers to arrive at what you think is realistic. The numbers shared here are conservative IMO.
Production Outcomes and P/E ratios
High Estimate of OS…………..6,000,000,000…………………………………………… EPS……….…PPS @ 25 PE……MCAP
Buy out………………………PPS…………..OI on Milling $4,800,000…………...$0.00080…….$0.0200………….$120,000,000
500,000,000…………………$0.083……………………….$9,600,000……………$0.00160…….$0.0400………….$240,000,000
1,000,000,000……………….$0.167………..Brooklyn OI...$11,000,000
1,500,000,000……………….$0.250………..Total OI……..$25,400,000…………..$0.00423……$0.1058…………..$635,000,000
2,000,000,000……………….$0.333
2,500,000,000……………….$0.417
Mill Production Estimates (assumes .5oz’s AU/TN and 10oz’sAG/TN)
Tons…..Oz’s…Days…Total……Oz's AU….AU Price……..Rev AU /
Day…..AU......Mo......Oz’s AU….YR………OZ……………YR…………………OI at 55% rev………..EPS Current……..PPS at P/E 25
200…..100……30…..3,000.........36,000……$1,500.............$54,000,000.………..$29,700,000…………$0.0050…………...$0.12
300…..150……30…..4,500…….54,000……$1,500.............$81,000,000………...$44,550,000…………$0.0074…………...$0.19
400…..200……30…..6,000…….72,000……$1,500.............$108,000,000……….$59,400,000…………$0.0099 …………..$0.25
500…..250……30…..7,500…….90,000……$1,500.............$135,000,000……….$74,250,000…………$0.0124…………...$0.31
600…..300……30…..9,000…….108,000…..$1,500……….$162,000,000……….$89,100,000…………$0.0149…………...$0.37
700…..350……30…..10,500…...126,000…..$1,500.............$189,000,000……….$103,950,000………..$0.0173…………...$0.43
Tons…..Oz’s Days…Total……..Oz's AG…..AG Price……Rev AU /
Day…..AG Mo…...Oz’s AG….YR………..OZ…………YR………………….OI at 55% rev………..EPS Current………PPS at P/E 25
200…..2,000 30……60,000…..720,000…….$35………...$25,200,000…………$13,860,000…………$0.0023…………..$0.06
300…..3,000 30……90,000…..1,080,000…..$35………...$37,800,000…………$20,790,000…………$0.0035…………..$0.09
400…..4,000 30……120,000....1,440,000…..$35………...$50,400,000…………$27,720,000…………$0.0046…………..$0.12
500…..5,000 30……150,000…1,800,000…..$35………...$63,000,000…………$34,650,000…………$0.0058…………..$0.14
600…..6,000 30……180,000…2,160,000…..$35…………$75,600,000………...$41,580,000…………$0.0069…………..$0.17
700…..7,000 30……210,000…2,520,000…..$35…………$88,200,000………...$48,510,000…………$0.0081…………..$0.20
………………….Silver + AU
TN's/Day……… Annual Revenue…………OI at 55% Rev………EPS Currrent……..PPS at P/E 25
200……………. $79,200,000………………$43,560,000…………$0.0073……………$0.18
300……………. $118,800,000……………..$65,340,000…………$0.0109……………$0.27
400……………. $158,400,000……………..$87,120,000…………$0.0145……………$0.36
500 …………….$198,000,000……………..$108,900,000………..$0.0182……………$0.45
600 …………… $237,600,000……………..$130,680,000………..$0.0218……………$0.54
700 …………… $277,200,000……………..$152,460,000………..$0.0254……………$0.64
It is clear that even with a high OS the production numbers and resulting PPS is well withinn the range others have discussed.
Accumulate when you can!
TR
