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Serabi is really very undervalued . Probably a PE Ratio of 3 and 2026 a PE Ratio of 1 . Not to mention if gold goes up further . i am sure gold has the poitential to 8 - 10000 Dollar / ounce , after making some research .
60 000 ounces / year - first stage for serabi next two years . Brazilian Real down 7 % in April / Us Dollar . Ore sorter in Q4 . Great future !
60 000 ounces / year ,first stage next two years . Gold near 2400 US Dollar . Brazilian Real down 7 % in April ! Looks cery good ! And the ore sorter in Q4 .
At current gold price the NPV of both projects is over 500 Million US Dollar and an IRR of over 60 % . It is really hard to find such an high IRR . 30 % of the NPV is now about 170 Million US Dollar - discount nicaragua - 150 Million US Dollar - buy out target . And i think gold will go over 2000 Dollar 2023 .
My buyout target is about 50 to 60 pence . And the goldprice is helping now to reach this target .
The capex for the open pit mine is very low compared to other projects . The MINA LA INDIA - FULLY PERMITTED MINE – CONSTRUCTION READY.
Both projects have an NPV of over 400 Million US Dollar ( open pit and underground - IRR of 54 % after tax . Very good economics at 1700 Dollar gold price .
Further the potential to add much gold ounces is very high . Condor is worth at least at 1850 Dollar goldprice 100 Million US Dollar !
AT 2000 Dollar goldprice condor gold will make over 100 Million US Dollar cash flow ! The cashflow to marketcap ratio is very cheap . The president of nicaragua is very supportive to the project . Would say - nice future !
Patence is the key word ! The whole goldsector was suffering last 18 months ! I think condor will have a great future !
100 000 ounces of gold / year means over 100 Million US Dollar free cashflow .
One of my positions
https://ceo.ca/cog
An IRR of 61 % after tax at 1800 Dollar goldprice is very good and economic !
Condor gold is a prime take over target . Calibre needs more reources and will have about 300 Million Dollar cash at the end of 2022 ! 200 Million US Dollar will be the mininmum for a take over !
Condor is sitting on a huge goldresource . The Economics are strong , the capex is low ! The locals want the mine to get built !
Very good connections from management to the locals ! I think condor is sitting on a 5 Million gold ounce deposit , maybe even more ! Calibre gold is sure to have condor in the corner of its eye. With almost 500 Million US Dollar NPV at 1800 Dollar goldprice , condor is undervalued .
Good to see you here too ISA-Investor
It is time to say it here too on board ( like at CEO.CA ) , that this goldstory is undervalued , massiv undervalued !
Over 40 Million shares ! Crazy !
I think cora can easy double the resources or even more . The IRR of the mine will climb huge .
Further all in all costs will be reduced in th PFS. Cora is a buy !!
56m @ 3.54 g/t Au from 22m in more shallow oxides is another fantastic drill hole in this campaign.
including 21m @ 8.17 g/t Au in hole SC0360.
Drilling has confirmed 550m of mineralised extensions to existing resources and Selin remains open in all directions
The oxide resource is the key for the PFS ! The resource is getting bigger and bigger ! Well done !
Cora gold also has multibagger potential ! 45 000 ounces of gold / year / means 36 Million free cash flow / year ( conservative cash costs ) - conservative 5 x cash flow means 180 Million Dollar marketcap . with more exploration success even more . If gold goes up to 3000 Dollar until 2023 ( which is very realistic ) simpy do the maths !
Thanks for this advice! I'm sure everyone has his own opinion and advice from another board is unnecessary!