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ed3/6me

08/30/22 8:44 AM

#10844 RE: Cheap Stock Investor #10843

Consideration means person who brokered feal
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Traderfan

08/30/22 8:45 AM

#10846 RE: Cheap Stock Investor #10843

Yes I was just talking about the initial consideration since anything else can't be quantified yet and is unknown. So this is what you would do as the owner? You would sell this thing for 110k as these shares are worth right now? If yes more power to you.
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IVRT

08/30/22 9:21 AM

#10860 RE: Cheap Stock Investor #10843

I'd like to know the estimated all-in sustaining costs and all-in costs the company expects on this 30% royalty return on calculated 76,000 tonnes graded at an average of 0.17oz (6 grams) au per tonne? For 1 million shares restricted this could be a mediocre return on an estimated 12,920 oz gold. Taking an average $ aisc of 1232/oz (not including all in costs) and assuming $1700/oz sell that would be $1700 - $1232 = $468 per ounce. The company's share would be 30%. $468 *30% = $140.4/oz. 12920 *140.4 = $1,813968. So that would about 55 cents per restricted share. This amount would be further reduced, with any other all-in-costs and future inflation.

AISC costs were from the 1st quarter of 2022. Those costs have risen since then.

https://www.gold.org/goldhub/gold-focus/2022/07/aisc-gold-mining-industry-reached-their-highest-level-record-q122-0

https://www.otcmarkets.com/otcapi/company/dns/news/document/61378/content