$Gold Deposit Acquisition Prices Rocketing upwards..$300 ounce Another Junior Gold Acquired..$300 per ounce One of my investments.....DPM.....Dundee ....has just acquired Osino's long-life Twin Hills open-pit gold project in Africa.
Upfront buyout cost is $287 million with construction costs of $410 m US = $550 m in C$.
Total consideration is $837 million CAD. Production is expected to begin in late 2026.
Twin Hills has 2.94 m ounces in its Measured and Indicated.
In other words, $300 cad per M&I ounce of gold in the ground.
Burnakura has 381,000 ounces, and we have over 70,000 ounces as our share of Turnakura plus over 200,000 JORC ounces at Gabby for a total of over 650,000 ounces. Those are not all in the M&1 category so let's say just $150 cad per ounce and our Australian gold resource ownership is valued at close to $100 million in any fair value buyout.
We have 880,000 ounces at Selinsing ramping up to 50,000+ ounces per year ....easily worth $200 million cad .
NO DEBT, pristine balance sheet , so we are fair valued at or above $350 million cad and Market Cap only 49M. ::-))
And, the FV acquired price per ounce will continue to rise as world gold production has plateaued and paper money near worthless.. by nozzpack
Don't Miss Out! The Price of Gold & Silver Could EXPLODE!
Investment experts and even mainstream news publications are predicting a windfall for gold and silver prices in 2023!
The Chief Investment Officer of Swiss Asia Capital predicts...
Gold Could Surge To $4,000/oz.
Famous financial author Robert Kiyosaki (Rich Dad, Poor Dad) thinks...
Gold Could Hit $3,800/oz & Silver $75/oz. A Message by Goldco
Central banks around the world are stockpiling gold...
Billionaires like Ray Dalio (worth $19 billion) are stockpiling gold...
The electric vehicle craze could send silver demand through the roof, so...
BREAKING! MAJOR CENTRAL BANK ADMITS IT'S "PREPARED FOR NEW GOLD STANDARD!" & "GOLD WILL SKYROCKET!" WATCH
Murchison Historical Resources The Murchison portfolio contained historical resources of - 644koz at the time of acquisitions. Monument is systematically performing all the necessary work to convert and validate these historical resources into current resources under NI43-101 guidelines. A breakdown of the historical resources is detailed in the table below
NI 43-101-Indicated Resources 293 koz Au NI 43-101-Inferred Resources 88 koz Au Historical Resources** 644 koz Au
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