ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.

ORI 41.40

+0.3%

Nov 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Al Cern who wrote (229)	8/23/1997 7:21:00 PM
From: Gramps	of 444

Matt has done a great job in his answers. Not much to add to it. As for net and costs to AKA it is pretty well split as follows: ORI 60%, AKA 30% and Taurus Res, consisting of a group of prior debenture holders, gets 10%. Ori can buy that out for 1.5 million bucks. With say 4,000,000 tons of ore at0.25 opt you would have 1 ,000,000 oz. of gold. With gold at 350 US and production cost of 225 max(could be as low as 165, the net would be 125 or 125,000,000. AKA 30% or 37,500,000 divided by 7,000,000 shares =5.35 a share. With a 1000 ton per day operation the 4 millions tons could last nearly 11 years. This is about 91250 oz per yr or .49 cents EPS. Increase the grade and net profit and the figures just keep going up. I believe the grade is higher than 0.25, more like 0.30. See what Matt comes up with, he is usually on the mark.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next