Big times ahead, page-39

First 39 Last

Share
Profile

Follow
simsim2088

48 Posts.

2

03/01/19

21:46

Post #: 37018731
Share

Originally posted by WhiteRhino: ↑

Some basic calculations. Is this what others are seeing?

September Q actual;
-$17.8M cash & bullion
-$10M debt ($17.5M loan facility)
-$25.3M liquidity

December Q estimates IMO;
-25,000 ounces
-POG realised $1,750
-AISC $1,150
-$15M in revenue
-$10M debt ($17.5M loan facility)
-$32.8M cash & bullion
-$40.3M liquidity

March Q estimates IMO;
-25,000 ounces
-POG realised $1,750
-AISC $1,750*
-$15M in revenue
-$10M debt ($17.5M loan facility)
-$32.8M cash & bullion
-$40.3M liquidity

*March Q will see $15M for sulphide expansion project. I’ve just included all in March Q. $15,000,000/25,000 ounces = $600/ounce + $1,150 = AISC $1,750. Should mean no change in Dec Q to March Q in terms of cash or liquidity.

The June Q estimate IMO;
-30,000 ounces
-POG realised $1,800
-AISC $1,150
-$19.5 in revenue
-$10M debt ($17.5M loan facility)
-$52.3M in cash and bullion
-$59.8M liquidity

The June Q will be the break out Q for MOY in my opinion. It will solidify it as a 100kozpa producer, AISC at or below $1,150, mine life 5+ years, strong balance sheet, sulphide expansion running smoothly, POG around $1,900 and generating $20M a quarter.

I do see it range trading between $0.175-$0.25 before a significant re-rate back into the 40’s...can’t see better value gold stock on ASX producing 100kozpa with market cap around $150M and on the way up, fast!

Expand

thanks WhiteRhino
You need to include trade creditors. Trade creditors and the amounts owed are listed in the company's balance sheet as liabilities
for example:September Q actual;
Production 22,414 oz
AISC $1,324
Trade creditors $29.6M

Last edited by simsim2088: 03/01/19

MOY Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 42 more messages in this thread...

First 39 Last

Add MOY (ASX) to my watchlist

Big times ahead, page-39

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Tambourah chases gold veins and mineralisation extension with drilling

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News