RE: Pipeline6 May 2017 21:00
Calculating value is complex and that's an understatement I know lol
If this was just a junior explorer play, it's a bit easier: x amount per ounce in ground. We are looking at production stage and revenue and possibly upside via a feasibility study in some cases. Much better, given expected gold copper prices ahead etc. Production is though more complex: depth of ore, type of deposit, type of mine, stripping ratio, impurities, extraction costs like power, water supply, labour etc. AISCs for gold for example vary a lot. Don't forget we will likely acquire stakes in distressed assets of some form. The problems will be obvious, upside less so to average investors like us. Most of these assets will not be visible in open market, being unlisted and sourced via their exclusive network. My hope is that DL is more forthcoming with indepth info on the assets than PJ was (with two CAF assets). Impossible to look at numbers, upside and risks until actual asset/s identified.
Once we know the assets, we can try look at numbers and do our usual ramping lol