Newmarket Gold / NMI, NMKTF (TSX, OTC)

Crocodile wird von Newmarket Gold übernommen. NGN ist ein Firmenmantel mit bekannten Großinvestoren, wie Lukas Lundin und Randall Oliphant / New Gold.
Zuletzt hatte CRK gute und verbesserte Erträge gemeldet, u.a. AISC zu 938 $ vs 1307 im Vorjahr....

Bin dabei, der Thread wird wohl später in Newmarket Gold / NGN umbenannt.

PR vom 12.05.: http://www.stockwatch.com/News…77119&symbol=CRK&region=C

PR vom 11.05.:http://www.stockwatch.com/News…76699&symbol=CRK&region=C

"Crocodile Gold Corp. and Newmarket Gold Inc. have entered into a definitive arrangement agreement to combine, creating a new gold industry consolidator solidly positioned to acquire high-quality gold assets in the world's best mining jurisdictions.

The combination (NewCo) creates a strong gold producing company with enhanced capital markets exposure and access to capital. NewCo will benefit from Crocodile Gold's strong asset base, established gold production of over 200,000 ounces per year and record of free cash flow generation from the Fosterville, Stawell and Cosmo underground gold mines in Australia....

Each Crocodile Gold shareholder will have the option to elect to receive consideration per Crocodile Gold common share of (i) 1.228 NewCo shares, (ii) 37 Canadian cents in cash, or (iii) a combination thereof subject to a maximum aggregate cash consideration of $20-million (Canadian). Assuming full proration, shareholders of Crocodile Gold will receive 1.088 NewCo shares and 4.2 Canadian cents in cash for each Crocodile Gold share held. All NewCo shares will be issued in the transaction on a notional 1:5 consolidated basis...."

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Edel

Einige Hintergründe zur Fusion. Einige Gedanken sind auch für (uns) Mineninvestoren nützlich...

"There is lots of competition for assets, but that's why we put this team together," Newmarket chief executive Doug Forster said in an interview.

"Assets are not going to walk through our door. They will be found with our deep relationships in the capital markets and in the mining sector."

Forster and Blayne Johnson, his longtime business partner, put the Newmarket team together two years ago. They were looking at various opportunities in the mining sector when the price of gold abruptly crashed in April 2013. Bullion fell roughly US$125 an ounce in a single day, and they decided it was a great opportunity to acquire gold assets.

They looked at more than 100 assets before settling on Crocodile. The Toronto-based company checked all the boxes for Newmarket: It is in a mining-friendly country (Australia), produces more than 200,000 ounces a year, has a large resource base of more than four million ounces, and has relatively low operating costs.

It still took a very long time to pull the trigger on this deal....

Forster would not put a timeline on Vancouver-based Newmarket's next deal, but said he is keen to grow production to more than 400,000 ounces a year. He said this remains a very good time to buy gold assets, but noted that there are few assets available that meet his company's criteria...."

/05/11/mining-heavyweights-seek-to-build-mid-tier-gold-producer-in-190m-newmarket-crocodile-merger/

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Edel

http://www.mineweb.com/news/si…ries-companies-and-mines/

Die aktuelle Präsentation vom 11.5.2015 zeigt bemerkenswerte Entwicklungen von CRK. Besonders auffallend die enorme Verbesserung der Rentabilität, sh.Anhang, aber auch der Peervergleich zeigt CRK bestens positioniert mit Spitzenwerten nach Tab.17 und 18.

http://www.crocgold.com/files/…_05_11_15_v001_s8w4yw.pdf

Bei EV / Produktion liegt CRK weit an der Spitze im Mid-Tier Vergleich, bei EV / M&I = 35 $ liegt sie an 2.Stelle.

Nach der Übernahme werden rd. 69 % der Aktien bei Instis liegen....

Grüsse
Edel

Bin seit längerer Unterbrechung wieder hier an Bord, es war ja die frühere Crocodile Gold, die längere Zeit mit hohen Kosten kämpfte. Neben den ansprechenden Kennzahlen gab den Ausschlag, daß hier 2 schwerstgewichtige und potente Mitglieder im Board sitzen: Lukas Lundin und Randall Oliphant.
Berater ist Ian Telfer.

Lundin ist bekannter Großinvestor und Milliardär, in einigen interssanten Minen investiert, u.a. die Naheproduzenten und Depotaktien Dalradian / DNA und Kaminak / KAM.
Oliphant ist u.a CEO bei NewGold und Direktor bei Franco - Nevada / FNV sowie Chairman des WGC.
Telfer ist Chairman bei Goldcorp / GG und war Vorgänger von Oliphant als Chairman des WGC: Alles einflußreiche und hoch eingebundene Männer bei diesem Junior , der höher hinaus will.

Mit NMI ist auch seit geraumer Zeit wieder eine Australierin im Depot, gemeinam mit LionOne / LIO nun 2 aus dem Pazifischen Raum.

Die Minen von Newmarket haben inzwischen eine beeindruckende Verbesserung der Kosten erfahren, sh. Scan aus der Präsentation vom 4.08.2015.

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Edel

Erste Kaufempfehlung von Gold Newsletter für NMI,lediglich, bin längst dabei. NMI ist so neu, daß einige Systeme eine Analyse verweigern.
Mit den guten Leuten an Bord und den letzten Bonanzagraden bei Fosterville könnte hier was gescheites werden, die Aktie ist aber (noch) markteng.

http://www.stockwatch.com/News…96578&symbol=NMI&region=C

„Brien Lundin, in the August, 2015, edition of the Gold Newsletter, says buy Newmarket Gold Inc., recently $1.05. This is the first time he has recommended the stock....

In addition to resource expansion and operational improvements, Mr. Lundin also expects the company to acquire more assets at fire sale prices. Newmarket has the potential to become a major player among mid-tier producers...“

http://www.stockwatch.com/News…02047&symbol=NMI&region=C

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Edel

Heute temporär starker Kursanstieg auf ATH 1,32 C$ seit Umfirmierung, derzeit 1,25 C$.

Die aktuelle PR dürfte aber kaum der Anlaß sein, eher ein Vergleich zu den Aktivitäten um First Mining Finance / FF mit ähnlichem Geschäftsmodell, wobei hier NMI bereits sei langem kräftig Gold produziert mit stetig verbesserten Kosten...

http://www.stockwatch.com/News…3795&symbol=NMI&region=C:

"...NEWMARKET GOLD ANNOUNCES MANAGEMENT CHANGES

Effective September, 2015, Newmarket Gold Inc.'s Australian senior operating team, which includes all general managers, will report directly to Douglas Forster, MSc, PGeo, president and chief executive officer of Newmarket...."

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Edel

Es gibt sie noch, Minen, die derzeit keinen Kummer bereiten. Newmarket zudem mit AZHs in Folge und einigen gute Infos:.

NMI an der OTCQX

PR vom 21.09.:http://www.stockwatch.com/News…12320&symbol=NMI&region=C
"Newmarket Gold Inc. begins trading today on OTCQX under the symbol NMKTF. United States investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC website...."

NMI bohrt 11.4 m mit 14.79 g/t Gold bei Cosmo

PR vom 21,09.:http://www.stockwatch.com/News…12330&symbol=NMI&region=C
"Highlights and key drill intercepts (outside mineral resources reported December, 2014):

Development of the Sliver lode at the Cosmo mine with additional high-grade results including 14.79 grams per tonne gold over 11.4 metres (estimated true width (ETW) 11.4 m) in hole CE67518 and 14.07 g/t Au over six m (ETW 5.83 m) in hole CE67522..."

Newmarket bohrt 5.8 m mit 141.1 g/t Gold bei Fosterville

PR vom 14.09.:http://www.stockwatch.com/News…10873&symbol=NMI&region=C
"Drilling continues to return high-grade visible gold drill intercepts associated with the Eagle fault, including 16.38 grams per tonne gold over 18.0 metres (estimated true width (ETW): 16.56 m) in hole UDH1364 (including 145.3 g/t Au over 0.95 m).
Continuing drilling of East Dipping faults returned high-grade results including 141.1 g/t Au over 5.8 m (ETW: 4.59 m) in hole UDH1321 (including 1,908 g/t Au over 0.4 m)..."

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Edel

„Wahrscheinlich eher eine 4 $ Aktie“ meinte Portfolio Manager Ralph Aldis im Interview mit The Gold Report,sh.Zitat. Scheint mir hoch gegriffen, aber immerhin hat NMI hochgesteckte Ziele. Das ehemalige Cricodile legt eine enorme Performance hin, sh. kl. Chart.

Hier Stimmen zu NMI: http://www.theaureport.com/pub/co/6508

"...Newmarket Gold Inc. (NMI:TSX; NMKTF: OTCQX), which has taken some of the assets that AuRico Gold Inc. (AUQ:TSX; AUQ:NYSE) and Crocodile Gold Corp. (CRK:TSX; CROCF: OTCQX) had previously. I don't think anybody really paid that much attention to Newmarket in terms of what it could do. The company had been private for some time.
Management was actually able to buckle down and turn these operations around. It is trading at something like only two times cash flow, as opposed to the industry average of four or five. Newmarket needs to get out and tell its story and let investors know what it is doing. I think the stock was $1 a month or so ago. It's moved up to maybe the $1.45 area. But it's probably more like a $4 stock. ...“

http://www.theaureport.com/pub…l-always-reward-investors

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Edel

PR vom 11.01.:http://www.stockwatch.com/News…39064&symbol=NMI&region=C

„...Highlights and key drill intercepts at Fosterville gold mine (outside of indicated mineral resources reported December, 2014):
Drilling on the Eagle fault continues to return high-grade mineralization containing visible gold. Key drill intercepts include 161 grams per tonne gold over 7.35 metres (estimated true width (ETW): 4.94 m) in hole UDH1481 (including 499 g/t Au over 2.25 m) and 32.02 g/t Au over 6.25 m (ETW: 6.14 m) in hole UDH1416 (including 355 g/t Au over 0.35 m)....

Drilling of the East Dipping fault continues to intersect significant widths up to 13.50 m of high-grade mineralization and included two major intercepts with 645 g/t Au over 3.50 m (ETW: 3.41 m) in hole UDH1456 (including 7,368 g/t Au over 0.30 m) and 45.47 g/t Au over 14.95 m (ETW: 13.50 m) in hole UDH1408 (including 1,321 g/t Au over 0.35 m)....

Douglas Forster, president and chief executive officer, Newmarket Gold, commented: "Drilling with four drill rigs at our Fosterville gold mine continues to intersect record high-grade visible gold intercepts outside of known mineral resources at our Eagle fault discovery and other structures in the Lower Phoenix system....“

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Edel

Ein sehr gutes Update eines von NMI sehr eingenommenen Mannes mit starkem Peervergleich. Die Nähe und Vergleich zur legendären Bendigo ist schon sehr wissenswert.

„Newmarket (TSX: NMI) (OTCQX: NMKTF) is a junior gold producer in Australia that’s managed by some of the best in the industry. One look at the team and you will see the names of some of the top minds within the gold sector.

Despite its strong share performance last year, the Company is still very much undervalued when compared to its peers in almost every metric....

Newmarket’s flagship asset, Fosterville, is only 20km away from Bendigo.
So it’s no surprise that the host rocks of both Fosterville and Bendigo are the same in both age and composition....

Newmarket is not only significantly undervalued on many metrics against its Aussie peers, but it is even more so against many of its Canadian peers. That is why Newmarket is the only junior gold producer I own right now.

But the biggest story is one that the market hasn’t caught onto yet: that Newmarket may be on to a Bendigo-style saddle reef system – a gold system that shaped Australia’s history.
That alone could be one of the biggest mining stories this year..“

http://www.equedia.com/could-t…ext-saddle-reef-discovery

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Edel

Joe Mazumdar, neuer Partner von Brent Cook in dessen Exploration Insights. mit ausführlicher Kommentierung von Newmarket in The Gold Report.

„I recently completed a site visit to Newmarket Gold Inc.'s (NMI:TSX; NMKTF: OTCQX) assets in Australia. Newmarket is unusual because its asset portfolio is in Australia, but it is a Toronto Stock Exchange-listed company. Its senior management team is based out of Vancouver.

Recently, Newmarket put an ex-Newmont operations guy from Australia, Darren Hall, on as the chief operating officer based out of Perth. I knew Darren back when I worked for Newmont, and then I met him again when I visited Newmarket's project in the Northern Territory, the Cosmo mine. Newmarket also has the Stawell mine in Victoria but the "jewel in the crown," in my opinion, is the Fosterville gold mine, which is also in Victoria.

The newly discovered, coarse-grained gold mineralization overprints the earlier, finer-grained, disseminated mineralization, and uses the same geologic structures. As both types of mineralization occur in the same location, the operation is already mining prior to establishing a maiden resource. The advantage of this new gold mineralization as it can be processed via a gravity circuit, which could provide higher recoveries at a lower cost.

So we are going to do some more work on Newmarket Gold to find out if the upside potential at Fosterville plus the gold leverage provided by the more marginal assets of Stawell and Cosmo justifies placing it in the portfolio. Management is trying to build a mid-tier producer in a stable jurisdiction that is free cash flow generating and exposed to a weak Australian dollar. "

http://www.theaureport.com/pub…loration-and-the-insights

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Edel

Zitat von JohnPain

Habe NMI schon länger im Depot, bin dort bei 1,03 CAD eingestiegen.

Interessante Grafik aus der Präsentation vom Februar 2016. Dort wird NMI verglichen mit LSG zum Zeitpunkt des Kaufs LSG durch Tahoe.
Da ist meiner Meinung nach noch eine Menge Potential nach oben, natürlich auch abhängig vom POG.....

Ja, alles sehr gut, John. Prima Einstiegskurs, hast inzwischen Verdoppelung: Die Kursentwicklung ist überraschend sehr gut, gestern mit neuem ATH 2,10 C$.

Das Flaggschiff Fosterville mit weiteren guten Ergebnissen:

„NEWMARKET GOLD CONFIRMS NEAR-MINE HIGH-GRADE GOLD MINERALIZATION IN LOWER PHOENIX FOLLOWING SURFACE BASED DRILL PROGRAMS AT FOSTERVILLE GOLD MINE...

Surface-based diamond drilling on the Lower Phoenix south system (6,200 m north), targeting the down-plunge extensions of Lower Phoenix structures approximately 200 m south of delineated mineral resources, has returned 12.75 grams per tonne gold (Au) over 5.9 m (ETW 4.5 m) in hole SPD614C (including 29.41 g/t Au over 1.3 m (estimated true width one m)) and 6.16 g/t Au over 2.05 m (ETW 1.9 m) in hole SPD614A...“.

http://www.stockwatch.com/News…49841&symbol=NMI&region=C

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Edel

Zitat von JohnPain

.....Hmm, gab es im Dezemberquartal besondere Kosten?

NMI gestern ein wenig schwächer - vermutlich Gewinnmitnahmen, darf auch mal sein.
Besser wäre natürlich auch ein operativer Gewinn, aber behalte meine vorerst noch

Moin John

Zu Deiner Frage hier die Erklärung:
"Net loss of $2.8M or $0.02 per share includes a non-cash impairment charge of $26.5M relating to the Cosmo Gold Mine and non-core assets, accounting for a $0.21 per share loss, and also includes transaction costs of $17.0M accounting for a $0.14 per share loss. Adjusted net income was $0.32 per share, or $40.7M when excluding the impairment and transaction costs. ..."

Aber auch sehr positiv u.a.:
"Record low operating cash costs of $704 per ounce sold at low end of 2015 guidance of $700 - $750. Record low all-in sustaining costs (“AISC”) of $987 per ounce sold at low end of 2015 guidance of $970 - $1,020.."

http://www.newmarketgoldinc.co…-financial-resul-20160304

NMI gestern mit neuem ATH 2,30 C$ + 8,5 %. Nicht ganz so stürmisch wie manch anderer Highflyer derzeit, ist aber kein Nachteil m.E.
Kursverdreifachung seit Markteinführung / Fusion im Vorjahr ist so schlecht auch wieder nicht.

Grüsse
Edel

Zitat von vatapitta

..."Die abgeleiteten Ressourcen verringerten sich indes um 5% und werden mit 665 Mio. Unzen angegeben."
http://www.rohstoff-welt.de/news/artikel.php?sid=57439

Das dürfte knapp so viel sein, wie alle im XAU enthalten Unternehmen zusammen haben.

In der Gegend sollten wir mal Urlaub machen und eine kleine Schaufel mitnehmen. Das Gold muss da ja nur so rumliegen......

Moin vatapitta und value

Die Reise können wir uns ersparen, denn die Rohstoff-Welt hat bei aller Begeisterung 3 Dezimalen drangehängt:
Es sind 665 000 oz....

Aber anzumerken, daß die NMI Aktie steigt und steigt, sh.auch hier: Depotstruktur -- Märkte und Edelmetalle im Vergleich

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Edel