Member Info for 1755

Q: How many of this kind of storage sistem are running right now over the wole world?

A: Just a few.

Q: Why?

A: Because they're not profitable al all.

Thanks welloilbeefooked

That should be something in between $69 M and $88 M.

Nice figures

Few Maths:

20,000 boepdx$60x365d= $ 438 M in sales.

$ 438 Mx0.45 % = $ 197 M EBITDA.

In your opinión, what % of the EBITDA would be converted into Earning?

At the moment Fres Market Cap = $ 11 billions;

2024 Fres FCF = 930 M

Market Cap/FCF = 11.7

But right now Silver and Gold prices are above 2024 mean prices. I mean Fres price must goes upwards

Q: 2024 Fresnillo Free cash flow?

A: Fresnillo plc reported a significant improvement in its financial performance for the year ended December 31, 2024, achieving a positive free cash flow (FCF) of approximately US$929 million. This marks a substantial turnaround from previous years, where the company experienced negative FCF of US$89.9 million in 2022 and US$55.9 million in 2023 .

The robust FCF in 2024 was driven by several key factors:

Strong Operational Cash Generation: The company generated approximately US$1.56 billion in cash from operations, reflecting efficient management and favorable market conditions .

Disciplined Capital Expenditure: Investments in capital expenditures were managed at around US$370.5 million, indicating a strategic approach to spending .

Improved Net Cash Position: Fresnillo transitioned from a net debt of US$304.4 million at the end of 2023 to a net cash position of US$458.3 million by December 31, 2024, highlighting enhanced financial stability .

In light of this strong financial performance, the company declared a final ordinary dividend of 26.1 US cents per share and a one-off special dividend of 41.8 US cents per share, totaling US$308 million, to be paid on May 30, 2025 .

For more detailed financial information, you can refer to Fresnillo's 2024 Annual Report and Financial Statements.

EBITDA are not profits; you should use FCF instead EBITDA to compute how much PAAS paid for MAG.

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MAG Silver Corp.'s free cash flow (FCF) for the fiscal year ending December 31, 2024, was negative $32.68 million USD. This figure reflects the company's cash flow after accounting for capital expenditures and other operational costs.

It's important to note that while MAG Silver's overall FCF was negative, its 44% interest in the Juanicipio mine generated positive free cash flow. For the full year 2024, the Juanicipio mine produced a total free cash flow of $292.3 million USD. MAG Silver's share of this would be approximately $128.6 million USD, based on its ownership stake.

The discrepancy between the positive cash flow from the Juanicipio project and MAG Silver's overall negative FCF suggests that the company incurred significant expenditures elsewhere, such as investments in exploration, development of other projects, or corporate overheads.

If you need further details on the components of MAG Silver's cash flow or insights into specific expenditures, feel free to ask.

Can anybody explain to me why Fres had to pay $ 127M as Mining Right and $ 390.2 M as Income Tax?

Those no numbers makes no sense.

Thanks

Impressive figures...thanks for sharing.

Agree!! In Toronto stock market Fres price shoud shine.

Regards

And have a look at this too: https://youtu.be/zbXWCs6G0vY?si=_i7zKBpwnaDa4JrL

Basel III is underway.

Hi Noel,

Glad to meet you here.

This is 4 you. Take a look: https://www.bullionstar.com/blogs/bullionstar/why-a-powerful-silver-bull-market-may-be-ahead/

Cheers!!!

Really interesting reading. Thanks for sharing.

With current gold and silver prices, annual EBIDTA is more than $1 billion.

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Nice figures.

Thanks Hounddog10.

If It is true, why there was trades below 14.85 in today market sesion?

It makes no sense.

Shanta Gold Ltd - East Africa-focused gold producer - Says that the Competition Authority of Kenya has approved its acquisition by Saturn Resources Ltd. Completion of the buy remains subject to the receipt of regulatory approvals from the Tanzanian Fair Competition Commission, the Tanzanian Mining Commission and the Cabinet Secretary for Mining, Blue Economy and Maritime Affairs in Kenya, and the court sanctioning the scheme at a hearing. Shanta Gold expects it to become effective in the first half of this year.

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Just Read on the the "Shanta news".

What does It mean?

Under my point of view the main driver for rising gold prices (and declining dollar purchasing power) is this one:

https://fred.stlouisfed.org/series/GFDEGDQ188S

So, gold must go upwards. It is inevitable and there is nothing we can do.

The only "healing" to slow down and reduce the "Debt to GdP Ratio" is by means of negative interest rates, that's to say: interest rates below inflation rates for a long time period.

But this kind of macroeconomic scenario is gasoline for gold, silver and commodities.

So, gold must go upwards one way or another, and gold miners price must do the same 3-5 times plus because of the leverage ratio.

Thank Noel, Nick-b, Great to be here.

Please, Keep on correcting my horrible English when necessary.

I've found this 8 min. video that could be interesting for all of us. Take a look because it tells about gold prices to come

https://youtu.be/BQBFQ7g1D8g?si=c-GOgGgGKudS4t8A

The main idea is: as had happen in the past, if gold price goes up then gold/silver mines must unfold 3-5 times gold price increase %.

That goes for allmost any gold/silver miner, but in the case of Shanta there are at least 3 other main drivers that, under normal course, will pump up it's price (with/without gold price increase):

1. Increase in ounces produced, YoY;

2. increase in reserves, yoy;

3. Superpit at Singida.

And Patel knows all about and wants all of that almost for free.

I wish I where wrong, but I think we must get ready and expect the worst case scenario becomes true.

And because of that, and taking into account the idea explained in the 3rd paragraph, do some research in order to find out other miners were to allocate the takeover money, because gold price goes to a bull market.

Cheers.

In a bull market gold miner should be valuated a 10xPER.

This means that Shanta should be priced at $ 0.90 or 70 pences, not at 14.85 pences.

Gold futures $2,237Today 12:46

A full years worth of gold sales (105,000 ounces) from today at the current $2,200 gold price brings in roughly $230 million revenue and gross profits of $90 million.

The proposed 14.85p takeover price values the company's ongoing operations at $196m (£156m).

Assuming every fund invested is out for themselves and not acting on behalf of the board, the bid has to fail and the share price rerate higher.

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Absolutely; $ 90 M profit equals 9 cent EPS.

$ 9 cent x 0.79 = 0.711 pences.

That's to say, Pastel wants to by our shares at 2.1 PER.

I refuse Mr Pastel.

Have a nice day.

But what about when Gold reaches $ 2,500??