Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://kingworldnews.com/gold-approaching-2400-take-a-look-at-this-historic-breakout/
Some rough figures ChartRex.
5% royalty = $0.5bill paid over 20 years
10% royalty = $1bill paid over 20 years
20% royalty = $2bill paid over 20 years
All conjecture.
100% Hav Royalty
Gold AISC Profit Ounces FCF 5% Mine life Total royalty
$3,000 $1,300 $1,700 300,000 $510,000,000 $25,500,000 20 $510,000,000
100% Hav Royalty
Gold AISC Profit Ounces FCF 10% Mine life Total royalty
$3,000 $1,300 $1,700 300,000 $510,000,000 $51,000,000 20 $1,020,000,000
100% Hav Royalty
Gold AISC Profit Ounces FCF 20% Mine life Total royalty
$3,000 $1,300 $1,700 300,000 $510,000,000 $102,000,000 20 $2,040,000,000
"Northern star and second biggest Aussie gold miner Evolution both states no interest a number of times"
IoT on repeat over and over. Good one pal, thanks for stopping by. How many times have you pulled this one out?
That’s exactly what’s been said here for weeks now. SP is stuck until clarity arrives via a market announcement. Hopefully the next RNS is a blow the doors off announcement 🤞
Https://kingworldnews.com/greyerz-just-warned-gold-silver-are-entering-the-exponential-phase/
Another great article.... the macro is lining up for GGP. Now GGP needs to sort its micro world ref: Havieron and Telfer !
I only see this as don't have Bloomberg Terminal access https://www.morningstar.com/stocks/xlon/ggp/ownership
We are due a quarterly update later this month. If you look on GGPs website they provided a quarterly update in January, so in a few weeks GGP will do the same and hopefully they can add in commentary around the Telfer sale.
Thanks for the essay pepper. Nice to see GGP is the first thing on your mind!. We are all waiting on what happens next so all of the conjecture here from us all on what may happen is just that. You get so worked up via your essays. Chill out. Given how unusually quiet Shaun and GGP are over the last month something is brewing. I just hope the outcome is very pleasing for all shareholders.
More FUD from IoT as per usual. Hard to believe you’re a shareholder as you claim. You’ve never written anything positive about GGP. Gold companies had another good day on the ASX. Even the explorers like De Grey which is now at AUD$2.5bill market cap, around £1.3bill at current exchange.
8 bagger according to Don. Using today's FOREX rate $3.4bill = £2.7bill.
Using 5,168million shares on issue = £0.52 pence a share. That is Don's target, basically 50p a share.
This is Don back on October 2023 when share price was around 6p and Newmont had not informed the market they are selling Telfer and Havieron.
Don notes he is using 200,000 ounces a year in his calculations, $3000 gold and AISC $1300 (so profit margin of $1700). Which equals $340million pa of free cashflow. He uses a PE multiple of 10. Hence is valuation of $3.4billion.
Don notes that he values companies based on US$3,000 gold because of his high conviction that it is an appropriate price.
For Greatland Don values GGP at US$3.4billion based on $3,000 gold. Note his valuation is based on GGP owing 30% of Havieron as that was the case then and still the case now, for the moment. Therefore Don is using $3,000 gold based on an estimated annual production value, using an estimated AISC.
If GGP does buy Telfer and Havieron it would be nice to ask Don for a valuation update.