SI
SI
discoversearch

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 : Gold and Silver Juniors, Mid-tiers and Producers
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marcos who wrote (49506)9/25/2007 2:34:48 PM
From: tyc:>  Read Replies (2) of 78409
 
>>..the more significant point comes when they achieve targeted oz/mo imho

As usual, I agree. I was just looking at Amark's figures for EPM. It appears that this will be achieved in 2009, when production of 157,000 ounces of gold is expected. However, do I understand that 50% of production is hedged ? If so that means that production sensitive to an increase in the price of gold would be only 78,500 ounces,

Sensitivity to increase in price of gold.

A $100 increase in the price of gold, would increase cash flow by $7,850,000 There are 440,000,000 (fully diluted) common shares. So the increase in cash flow per fd share would amount to $0.0175. If we anticipate shares trading at 10x cash flow, it appears that an increase of $100 in the price of gold would increase the price (or value) of each fully diluted share by 17.5 cents.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News