Member Info for Winstonwolf

What do they say about watching a kettle?

This'll rise slowly, then all at once. I'm prepared to sit here for two years while they build.

I then asked it to consider todays gold price and juristictional risk of Ethipia. It reduced its multiple of the EBITDA and increased the gold consideration. I got the following answer.

Final Answer:- The proposed market capitalization for a gold mining company producing 200,000 ounces per year at an AISC of $1,100/oz, with a gold price of $3,500/oz and operating in Ethiopia, is approximately $1.94 billion, assuming a 6x EV/EBITDA multiple. This could range from $1.29 billion to $2.59 billion depending on market conditions and risk perception.

What is a proposed market cap of a gold mining company that mines 200k ounces per annum at a AISC of $1100/oz?

Final Answer:- The proposed market capitalization for a gold mining company producing 200,000 ounces per year at an AISC of $1,100/oz is approximately $1.57 billion, assuming a gold price of $2,500/oz and a 7x EV/EBITDA multiple. This could range from $1.12 billion to $2.24 billion depending on market conditions and valuation multiples.Note: This is a simplified estimate. Actual market cap depends on additional factors like reserve size, mine life, jurisdiction risks, and market sentiment, which should be analyzed for a more precise valuation. If you want me to incorporate specific data (e.g., reserve estimates or jurisdiction), please provide details!

Gold is $1000/oz higher than it's assumed calculation.

The timing is perfect.

Till this thing gets out of AIM, its inevitable traders and MM's will take advantage.

I prefer the slow and steady bull market for something like this, than one AIM traders can take advantage of.

Https://www.tradingview.com/x/L7ttXUmV/

Looking superb. There will be ups and downs but the down trend of the last 5 years has well and truly been broken.

Please report him also.

Haha https://youtu.be/u0Wf2RbjSl4?feature=shared

Filtered...

For clarity, I think the deal will get completed and a massive re-rate will occur, but I have no doubt that a small part of the financing will have to comprise of a fundraise to cover any unforseen costs. Harry couldn't have spelled it out more clearly in the presentation.

Listen from 9:50.

https://youtu.be/1HImrI-lWe0?feature=shared

It's on the kefi website. The future fundraise will be a minor part of the full financing package.

...they mention it explicitly in their presentation. The question is, when will they pull the trigger.

If they're smart its after they announce the rest of the financing has been agreed and our marketcap would be circa £150m, thus less dilution.

If they pull the trigger too early it could result in unneccessary dilution for existing shareholders.

Https://media1.giphy.com/media/v1.Y2lkPTc5MGI3NjExNHcwZDRjMGV5NHk3aGRhNzJ6dTRiN3oxcjh1eG4xbnZ3YjN1eTdrNiZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/ukGm72ZLZvYfS/giphy.gif

Sorry mate, i cant understand your charting method.

I'm extremely happy with the share performance today. I'd expect that some may be here to buy the rumour and sell the news but ultimately this is positive to see.

Probably rio as they're just next door.

They'll become more common if finance is sorted.

I'm in mate. I just prefer to be pragmatic.