As the #commodity stock wreckage mounts up, some gems to focus in on:
A) Negative EV, net cash exceeds cap and the resource is for free
B) 90-95% decliners with no material change in value, just massive expectations de-rating
C) Cap<8% of project NPV (focus > 70% IRRs)
#gold
A) Negative EV, net cash exceeds cap and the resource is for free
B) 90-95% decliners with no material change in value, just massive expectations de-rating
C) Cap<8% of project NPV (focus > 70% IRRs)
#gold
So for #goldstocks, look Cap/oz of less than <US$10 (resources > 1moz), ofcourse negative on an EV/oz basis.
What would this be worth at the next cycle peak? Likely over $70-100/oz assuming $2300+ #gold price peak.
What would this be worth at the next cycle peak? Likely over $70-100/oz assuming $2300+ #gold price peak.
We are ready, conducting the research ......nothing like a fresh up cycle on the 2-6 month horizon.... 
• • •
Missing some Tweet in this thread? You can try to
force a refresh
