Kefi!29 Mar 2025 08:53
On Telegram (Stephen X)
Kefi success could be very lucrative???
"Back at my desk now:
$3,000 = £264m pa - 6.5p NPV
$3,100 = £278m pa - 6.8p NPV
$3,200 = £293m pa - 7.2p NPV
$3,300 = £307m pa - 7.5p NPV
$3,500 = £336m pa - 8.2p NPV
$4,000 = £407m pa - 9.8p NPV
That's based on 2moz and 9 year mine life. I reckon it will be a lot more than that.
NPV sp is based on 2028 production, 20% discount for time, 20% discount on mcap vs inherent value, and 40% risk of finance not happening. If you take the finance risk out of it, then it's over 10p @ $3,000/oz, 14p @ $3,500/oz and 17p @ $4,000/oz. That's present value btw..... more like 36p by the time we're producing if PoG is $4,000.
Do with that whatever you will, but that's what my spreadsheet tells me. And interestingly the £264 pa is in line with recent KEFI RNS's about clearing our $240m debt in the first year.
Completely mind-blowing that our mcap is currently £40m. In three years we'll be making that in a month 🤯...... but no doubt I'll be accused of just being here for some ramping"