Member Info for austrochris

Would say , that is worldclass not far away from surface

I am holding $CNL and $OMI . the news from orosur today are really worldclass. The asset is getting bigger and bigger . a clear buy , beside Gold soon over 3000 Dollar i think .

Yes!

We are speaking here about days . sit back and wait relaxed.

Other explorers wait months for drill results.

Can only agree Doc. world class results from surface , very economic , all the best from ceo.ca

Serabi has more upside . No reason to sell shares.

Great news today and greater outlook.

We can now direct our attention to Phase 2, which is to grow our resource at both Palito and Coringa, and ultimately support an annual production profile of +100,000oz. An expected year end cash position to exceed $21.0 million and in conjunction with our expected free cash flow generation, will allow us for the first time in a number of years to fund an extensive brownfield exploration programme to significantly grow the resource at Coringa and Palito, rather than simply replenishing our depleted ounces. Our exploration programme is planned for up to 30,000 meters of drilling in 2025 with a budget of approximately $8 million. I look forward to providing a more detailed exploration update in the coming weeks.

The placement was certainly prepared many days ago, and the price was lower then.

The most important thing is that the management knows that Pepas is a special gem

I am impressed. From surface such high grade is worldclass

I am adding ! Thanks for more cheap shares !

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 !