Mandalay Resources / MND (TSX)

Wahnsinn, trotz der wesentlich niedrigeren Erlöse beim POG schon wieder so ein hervorragendes Quartal. Die letzten beiden Wochen ist der Kurs wohl ausgebrochen, im Zuge der aktuellen Korrektur noch ein Re-Test an den Hochs von Anfang 2021. Bleibt bei mir unter den Top-3-Produzenten, die wird noch viel Freude machen.

Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2021

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter March 31, 2021.
The Company’s condensed and consolidated interim financial results for the quarter ended March 31, 2021, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated.
First Quarter 2021 Highlights:

• Quarterly revenue of $52.6 million; highest since Q2 2016;
• Adjusted EBITDA of $26.1 million; third highest in Company’s history;
• Adjusted net income of $5.6 million ($0.06 or C$0.08 per share); and
• Consolidated net income of $25.5 million ($0.28 or C$0.35 per share).

Dominic Duffy, President and CEO of Mandalay, commented:
“Mandalay Resources is pleased to report solid financial results for the first quarter of 2021, as the Company continues to execute against our operational strategy. This quarter was very productive as we generated $52.6 million in revenue and $26.1 million in adjusted EBITDA – resulting in an EBITDA margin of 50%. Mandalay earned $5.6 million ($0.06 or C$0.08 per share) in adjusted net income during the first quarter, marking our fifth consecutive quarter of profitability.”
Mr. Duffy continued, “Our consolidated cash and all-in sustaining costs per saleable gold equivalent ounce during the first quarter of 2021 was $883 and $1,212, respectively, slight increases of 4% and 2% as compared to the $846 and $1,191 during the same period last year.”
Mr. Duffy added, “The Company ended the first quarter of 2021 with a cash balance of $29.9 million, which was lower than the $34.2 million at year end 2020. This was due to several factors the main being a change in the payment terms with our principal concentrate customer at Costerfield. This resulted in provisional invoices being paid in the month post-shipment as opposed to the prior contract that allowed for payment five days after shipment date. Consequently, this delayed a payment of $4.1 million not obtained in the first quarter. Other one-off factors were a one-time upfront deposit of $2.0 million paid to a contractor responsible for the tailings dam lift at Björkdal and a $1.1 million cash outflow related to the restart of Cerro Bayo. At the start of April, we sold our first concentrate shipment from Cerro Bayo and expect to see profitability from this project over the coming months.
During this quarter, the Company also repaid $3.8 million towards the Syndicated Facility leaving $55.2 million owing and paid a net amount of $1.5 million to settle obligations under our hedging programs. We forecast free cash flow to be normalized in the second quarter and the cash position to continue to grow for the remainder of the year.”
Mr. Duffy added, “Costerfield continued with its remarkable performance as it posted $31.8 million in revenue and $21.5 million in adjusted EBITDA, up 56% in revenue and 54% in adjusted EBITDA year over year. This strong mine operating margin reflects the constant high-grade feed delivered from the Youle deposit and the relatively fixed cost nature of our operation. The processing plant recorded a gold recovery rate of 93.8% – its sixth quarter over quarter improvement – and with the completion of the Cavitation Tube construction and startup in early April we expect to see further improvements in the second quarter. This quarter reveals the quality of the Youle deposit as it becomes the anchor for the Company with its continued financial and operational performance.”
Mr. Duffy continued, “Björkdal generated stable production and sales with $20.8 million and $5.8 million in revenue and adjusted EBITDA, respectively, in the first quarter of 2021. The underground ramp up continued as we mined an approximate 269,000 tonnes at 1.52 g/t of gold; on pace to exceed 1.1 million tonnes of ore from the underground in 2021. Moving forward, we expect grades to increase as we mine further down into the Aurora zone, with more stopes coming into production.”
Mr. Duffy concluded, “Mandalay is tracking well to attain its 2021 production and cost guidance and we forecast significantly better free cashflow for the remainder of 2021. Our focus going forward will revolve around the significant exploration potential at Costerfield, as the program looks to build upon the recent successful verification of grades and continuity of the newly discovered Shepard Zone. At Björkdal, the exploration focus will be on drilling the Main and Lake zones to the north east at depth and extensions of the Aurora zone.”
First Quarter 2021 Financial Summary
The following table summarizes the Company’s financial results for the three months ended March 31, 2021, December 31, 2020 and March 31, 2020:

1. Adjusted EBITDA, adjusted net income (loss) and adjusted net income (loss) per share are non-IFRS measures, defined at the end of this press release “Non-IFRS Measures”.

In the first quarter of 2021, Mandalay generated consolidated revenue of $52.6 million, 26% higher than in the first quarter of 2020. This increase is attributable to Mandalay selling 5,437 more gold equivalent ounces combined with higher realized price in the first quarter of 2021 compared to the first quarter of 2020. The Company’s realized gold price in the first quarter of 2021 increased by 2% compared to the first quarter of 2020, and the realized price of antimony increased by 50%.

Consolidated cash cost per ounce of $883 increased by 4% in the first quarter of 2021 compared to the first quarter of 2020, mainly due to higher mining costs and foreign exchange movements. Cost of sales during the first quarter of 2021 versus the first quarter of 2020 were $3.8 million higher at Costerfield and $2.6 million higher at Björkdal. Consolidated general and administrative costs were $0.7 million lower as compared to the prior year quarter.
Mandalay generated adjusted EBITDA of $26.1 million in the first quarter of 2021, 25% higher compared to the Company’s adjusted EBITDA of $20.9 million in the year ago quarter. Adjusted net income was $5.6 million in the first quarter of 2021, which excludes the $20.2 million fair value gain related to the gold hedges associated with the Syndicated Facility and $0.4 million in care and maintenance costs, compared to an adjusted net income of $5.2 million in the first quarter of 2020. Consolidated net income was $25.5 million for the first quarter of 2021, versus a net loss of $3.6 million in the first quarter of 2020. Mandalay ended the first quarter of 2021 with $29.9 million in cash and cash equivalents.

https://ceo.ca/@nasdaq/mandala…announces-financial-6a460

Mich wundert es, dass Mandalay Resources so wenig Aufmerksamkeit hier hat.
Unter den Produzenten ist es bisher meine beste Goldaktie des Jahres 2021!

Gute Zahlen, die Bewertung ist auch immer noch günstig und zuletzt auch gute Bohrergebnisse:
https://mandalayresources.com/…_shepherd_pr_final_v2.pdf
https://www.globenewswire.com/…field-Mineral-System.html

Mandalay Resources Extends the Newly Discovered Shepherd Zone and Provides Update on the Costerfield Mineral System
Eastern and Western veining horizons are extended in the Shepherd Zone, with numerous high-grade gold intercepts along a 400 metre strike extent

June 08, 2021 07:30 ET
TORONTO, June 08, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the newly discovered Shepherd Zone at its Costerfield Operation in Victoria, Australia.
The Eastern vein has now been traced over 300 metres (“m”) of strike length and approximately 100 m in vertical extent. The mineralization remains open to the south and at depth (Figure 2).
The Western vein has now been traced over 400 m of strike length and approximately 100 m in vertical extent and remains open to the south and at depth (Figure 4).
New Drilling Highlights:
Eastern Veining

• 172.3 g/t gold over true width of 0.27 m in BC213; and
• 69.5 g/t gold over true width of 1.11 m in BC210 including:
  
  
  • 406.0 g/t gold over true width of 0.14 m

Western Veining

• 33.7 g/t gold over true width of 3.22 m in BC201 including:
  
  
  • 127.0 g/t gold over true width of 0.69 m;
• 712.8 g/t gold over true width of 0.10 m in BC205; and
• 19.4 g/t gold over true width of 4.84 m in BC210 including:
  
  
  • 657.3 g/t gold over true width of 0.13 m

Note: Further intercept details including significant intercepts within composite intervals can be found in Table 1 in the Appendix to this document.
Dominic Duffy, President and CEO of Mandalay, commented: “Over the past month, Mandalay’s increased focus on the Shepherd Zone has demonstrated great success with the Eastern and Western veining horizons extending 300 m and 400 m in strike length, respectively. The grades shown along strike within the Eastern veining are consistently high, with significant visible gold identified within each intercept along the top of the zone, demonstrating an exciting new high grade gold vein system (Figures 1,2 and 4).”
Mr. Duffy continued, “Mandalay is also encouraged by the indication that the two veining horizons merge towards the south, in an area that exhibits elevated widths and grades. This southern area remains unconstrained at depth.”
Mr. Duffy continued, “To date, drilling has been concentrated in the upper portions of the zone with a focus on optimizing the knowledge of the geometries and grades for near term mine planning. During the near-term, additional underground exploration drill platforms will be developed allowing for optimum drill intercept angle, which will slow the drill rates into the Shepherd Zone. Infill drilling will continue at an accelerated rate in the upper areas of the Shepherd Zone for medium-term mine planning, as well as to test for extensions of the vein system to the south and at depth.”
Mr Duffy concluded, “We are extremely excited about this discovery and the continuity of very high grades over many hundreds of meters in strike length. It is obviously important to understand the full dimensions of this vein system and the economic portions of the deposit to determine its overall impact on Costerfield’s long-term future. A video has been prepared by Mr. Chris Davis, Vice President of Operational Geology and Exploration, to further explain the information in this release. The video can be found on Mandalay’s website or by clicking here.”

---
Ich denke, dass aus aus Costerfield noch einiges herauszuholen ist. Costerfield ist übrigens nicht weit entfernt von Fosterville.

Mandalay Resources hat sich bereits auf Platz 3 in meinem wikifolio vorgeschoben.

Und es wäre noch besser, wenn ich eine 2. Tranche ganz nah am Preistief bekommen hätte. Die wurde leider damals nicht ausgeführt, weil L&S wirklich abartige Spreads bei dieser Aktie aufweist.

Mein Limit wurde umgerechnet in C$ weit unterschritten und wurde dennoch nicht ausgeführt.

Ansonsten wären sie jetzt auf Platz 1 im wikifolio.

Mandalay Resources ist immer noch sehr günstig. Aber nicht mehr so günstig als dass ich jetzt noch aufstocken würde.

MND ist wahrlich eine mustergültige Minenperle.

Es ist schade, dass einige dieser kleinen Perlen nicht über L&S handelbar sind. Meine Grundidee "Minenperlen" wäre damit wesentlich besser umsetzbar und die Minenperlen wären deutlich perlenhaltiger.

Mandalay Resources Extends Main Zone and Confirms the Eastern Extension of Lake Zone at its Björkdal Operation

https://mandalayresources.com/…9_mz_lz_release_final.pdf

Zitat

TORONTO, ON, June 29, 2021 – Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the Main Zone and Lake Zone drilling programs at its Björkdal Operation in Sweden.

New Drilling Highlights:

Main Zone Veining
174.0 g/t gold over true width of 0.49 m in MU21-010;
6.1 g/t gold over true width of 8.85 m in MU21-010; and
105.0 g/t gold over true width of 0.21 m in MU21-015

Lake Zone Veining

226.0 g/t gold over true width of 0.21 m in MU21-003;
25.3 g/t gold over true width of 1.03 m in MU21-007; and
4.2 g/t gold over true width of 4.11 m in MU21-004

Alles anzeigen

Mandalay ist echt einen Minenperle.
Nur zwei kleine Minen, aber beide überraschen immer wieder positiv.

Die Bewertung ist trotz des Anstiegs immer noch nicht teuer. Es wurde lediglich die völlig absurde Bewertung zu einer halbwegs "normalen" Unterbewertung aufgewertet.

Das adj. EPS mit 4 multipliziert ergibt hier ein KGV von 4,3.

Die Free Cashflow Rendite beträgt ca. 27 %.

Der EV/oz Jahresproduktion liegt bei ca. 1.650 $.

Das ist eine starke Unterbewertung und damit ist MND eine echte Minenperle.

Zitat von Wurschtler

Mandalay ist echt einen Minenperle.
Nur zwei kleine Minen, aber beide überraschen immer wieder positiv.

Die Bewertung ist trotz des Anstiegs immer noch nicht teuer. Es wurde lediglich die völlig absurde Bewertung zu einer halbwegs "normalen" Unterbewertung aufgewertet.

Die Firmen Die jetzt "Gute Gewinne" machen,

Das dürften dann auch Die sein, Die Die "Perlen im Pre-Production (Projekte) Bereich" grossteils abgreifen dürften denke.

Mandalay Resources Corporation Announces Sale of Cerro Bayo Mine to Equus Mining

TORONTO, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced today that Equus Mining Limited (“Equus”) (ASX:EQE) has exercised its option to purchase Mandalay’s Cerro Bayo mine in Region XI, Southern Chile. Mandalay originally granted Equus the option to purchase Cerro Bayo in October 2019, pursuant to a binding option agreement (see Mandalay press release dated October 8, 2019).
Pursuant to the transaction, which is scheduled to be completed on December 1, 2021, Equus will acquire the Cerro Bayo mine, including its mining properties, resources and mine infrastructure as well as a 1,500 tonnes per day processing plant, in exchange for 19% of Equus’ share capital and a 2.25% net smelter royalty on production from the Cerro Bayo mining claims once the mine has produced at least 50,000 ounces of gold equivalent, subject to a re-purchase option in favour of Equus. Equus will also assume 50% of approved site closure costs at Cerro Bayo, with Mandalay responsible for the remaining 50%. Completion of the transaction remains subject to the satisfaction of certain conditions, including the receipt of Equus shareholder approval. In addition, Equus will appoint Ryan Austerberry, Mandalay’s Costerfield mine General Manager, to the Board of Equus as a non-executive director representing Mandalay.
For Further Information:
Dominic Duffy
President and Chief Executive Officer
Edison Nguyen
Manager, Analytics and Investor Relations
Contact:
647.260.1566
About Mandalay Resources Corporation:
Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine), with projects in Chile and Canada under care and maintenance, closure or development status. The Company is focused on growing its production profile and reducing costs to generate significant positive cashflow.
Mandalay’s mission is to create shareholder value through the profitable operation of both its Costerfield and Björkdal mines. Currently, the Company’s main objective is to continue mining the high-grade Youle vein at Costerfield, which continues to supply high-grade ore, and also focus on extending Youle’s Mineral Reserves at depth. At Björkdal, the Company will aim to increase production from the Aurora zone in the coming years, in order to maximize profit margins from the mine.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of applicable securities laws. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, changes in commodity prices and general market and economic conditions. The factors identified above are not intended to represent a complete list of the factors that could affect Mandalay. A description of additional risks that could result in actual results and developments differing from those contemplated by forward-looking statements in this news release can be found under the heading “Risk Factors” in Mandalay’s annual information form dated March 30, 2021, a copy of which is available under Mandalay’s profile at www.sedar.com. In addition, there can be no assurance that any inferred resources that are discovered as a result of additional drilling will ever be upgraded to proven or probable reserves. Although Mandalay has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
[Blockierte Grafik: https://www.globenewswire.com/newsroom/ti?nf=ODM3MTQzNSM0NDc5Nzk2IzIwMjg0ODA=] 
[Blockierte Grafik: https://ml.globenewswire.com/media/ZGY2MDlkMzMtODVjZC00MDQyLWFhNTUtZmY3YjFmMTY1OGI5LTEwMzkzNzU=/tiny/Mandalay-Resources-Corporation.png]
[Blockierte Grafik: https://ml.globenewswire.com/media/b5f2fa1c-f64d-4f0c-a9c7-ff4d73fc1ef0/small/mandalay-resources-logo.jpg]

https://ceo.ca/@nasdaq/mandala…n-announces-sale-of-cerro

Mandalay gegen den allgemeinen Trend diese Woche mit Plus 20% vorgestern und gestern 8% bärenstark. Ich hoffe, es liegt nicht wie zuletzt bei der ein oder anderen Übernahme an Infos, die durchgesickert sind.

Hier die letzten Zahlen aus dem November. Cash Costs auf dem tiefsten Stand seit 2016 mit 546$ pro Unze bei Costerfield - die liegen ja direkt neben Kirkland, daher kaum verwunderlich.

Zudem wurde die Cerro Bayo Mine an Equus Mining verkauft, dafür gab es ein ordentliches Aktienpaket. Fundamental ist Mandalay für mich gerade auch hinsichtlich der geographischen Lagen mit Australien und Schweden ein Top Pick.

Mandalay Resources Corporation Announces Financial Results for the Third Quarter of 2021

TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended September 30, 2021.
The Company’s condensed and consolidated interim financial results for the quarter ended September 30, 2021, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated.
Third Quarter 2021 Highlights:

• Consolidated quarterly revenue of $52.6 million, second highest quarterly revenue since Q2 2016;
• Adjusted EBITDA of $25.1 million;
• Adjusted net income of $10.1 million ($0.11 or C$0.14 per share);
• Consolidated net income of $9.3 million ($0.10 or C$0.13 per share); and
• Costerfield cash cost of $546 per gold equivalent ounce produced, lowest since Q1 2016.
  

Dominic Duffy, President and CEO of Mandalay, commented:
“Mandalay Resources is pleased to have sustained the financial momentum generated during the first half of the year. We delivered another solid third quarter in 2021 – driven by strong adjusted EBITDA and profits. We are pleased with both sites’ strong execution against their operational strategy, positioning the Company to achieve the upper limits of our production guidance and attaining our cost guidance set for 2021.
“During this quarter, the Company generated $52.6 million in consolidated revenue and $25.1 million in adjusted EBITDA, resulting in an EBITDA margin of 48% and year-to-date adjusted EBITDA of $74.3 million. Mandalay earned $10.1 million or $0.11 per share in adjusted net income during the third quarter, marking our seventh consecutive quarter of profitability. Moreover, due to COVID-19 shipping delays, approximately $5.5 million in revenue was delayed from the third quarter and will be accounted for during our fourth quarter results.
“Our operational efficiency was further reflected by the declining consolidated cash and all-in sustaining costs per saleable gold equivalent ounce during this quarter to $825 and $1,135, respectively, from $826 and $1,262 during the same period last year.
“The Company generated solid net cash flows from operating activities of $8.2 million in the quarter. However, due to the aforementioned COVID-19 shipping restrictions, there were delays in the receipt of funds from Costerfield’s floatation concentrate, as well as sizable annual payments at Costerfield of $7.0 million in income tax and $2.7 million in royalties, which resulted in free cash flow of $1.3 million during the quarter.
“Also during the third quarter, the Company paid $5.0 million for reclamation costs at Lupin. Reclamation at Lupin will be ongoing and scheduled to be completed by the end of 2022. We are anticipating a release of $3.5 million during the fourth quarter through the progressive security reduction as part-compensation for work finalized over this year.
“Finally, the Company made another quarterly repayment of $3.8 million towards our Syndicated Facility, leaving $47.7 million owing. With quarter end closing cash of $29.8 million, our strong balance sheet gives the Company a significant amount of flexibility to explore exciting near-term growth opportunities and we anticipate significant growth in the cash position at year end 2021.
“With an approximate 30% increase in gold equivalent produced at Costerfield during Q3 2021 as compared to the same period last year, the site’s per gold equivalent ounce metrics improved significantly to a cash and all-in sustaining costs of $546 and $837 respectively, from $657 and $1,088. This improved production also resulted in Costerfield generating $27.0 million in revenue and $18.5 million in adjusted EBITDA during Q3 2021.
“Björkdal generated stable production and sales resulting in $20.5 million and $6.8 million of revenue and adjusted EBITDA, respectively, during the third quarter of 2021. The underground mined tonnage ramp up continued as we mined approximately 796,000 tonnes during the first nine months of 2021, an approximate 5% increase as compared to the same period last year.
“Grade performance at Björkdal during this quarter was lower than previous quarters mainly due to excessive dilution in key stopes. Dilution control measures have been on going and we saw positive results in September. We anticipate further grade improvements for the rest of 2021 and beyond as dilution control measures continue to be implemented. September results displayed strong improvement as feed grade into the processing plant averaged 1.5 g/t gold – our highest monthly grade this year. However, lower than average grade for the full quarter, coupled with negative exchange rate movements, resulted in higher cash and all-in sustaining costs of $1,186 and $1,440, respectively, for the quarter.
Mr. Duffy concluded, “For the remainder of 2021, we are expecting to see our cash position grow significantly with the normalization in our payment obligations. We are pleased with the steps taken to strengthen our balance sheet, which will further improve with the upcoming sale of Cerro Bayo in the fourth quarter, and adding financial flexibility and look to continue with the Company’s growth through the final quarter of 2021 and into 2022.”

https://ceo.ca/@nasdaq/mandala…announces-financial-4c380

Mandalay Resources Corporation Completes Sale of Cerro Bayo Mine to Equus Mining

https://ceo.ca/@nasdaq/mandala…n-completes-sale-of-cerro

Mandalay Resources Corporation gibt Rekordfinanzergebnisse für das vierte Quartal und das Gesamtjahr 2021 bekannt

T.MND | vor 1 Stunde
TORONTO, 24. Februar 2022 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" oder das "Unternehmen") (TSX: MND, OTCQB: MNDJF) freut sich, seine Finanzergebnisse für das am 31. Dezember endende Quartal und Jahr bekannt zu geben , 2021.
Die geprüften konsolidierten Finanzergebnisse des Unternehmens für das am 31. Dezember 2021 endende Jahr sind zusammen mit der Management's Discussion and Analysis („MD&A“) für den entsprechenden Zeitraum unter dem Profil des Unternehmens auf www.sedar.com und auf der Website des Unternehmens abrufbar unter www.mandalayresources.com . Alle Währungsangaben in dieser Pressemitteilung sind in US-Dollar angegeben, sofern nicht anders angegeben.
Höhepunkte des vierten Quartals 2021:

• Konsolidierter Quartalsumsatz von 72,9 Millionen US-Dollar, höchstes Quartalsergebnis aller Zeiten;
• Bereinigtes EBITDA 1 von 40,6 Millionen US-Dollar, höchstes Quartalsergebnis aller Zeiten; und
• Konsolidierter Nettogewinn von 15,3 Millionen US-Dollar (0,17 US-Dollar oder 0,21 CAD pro Aktie).

Höhepunkte des Jahres 2021:

• Rekordumsatz von 229,4 Millionen US-Dollar;
• Rekordbereinigtes EBITDA 1 von 115,0 Millionen US-Dollar;
• Konsolidierter Nettogewinn von 54,9 Millionen US-Dollar (0,60 US-Dollar oder 0,75 C$ pro Aktie);
• 18,2 Millionen US-Dollar freier Cashflow 1 und 62,0 Millionen US-Dollar Netto-Cashflow aus betrieblicher Tätigkeit; und
• 30,7 Millionen US-Dollar Kassenbestand Ende Dezember 2021, 47,2 Millionen US-Dollar Kassenbestand Ende Januar 2022.

Quelle: https://stockhouse.com/news/pr…al-results-for-the-fourth

Man muss es eigentlich nicht kommentieren, da diese hervorragenden Ergebnisse absehbar waren. Viel Luft für diese Aktie nach oben!

Hab hier mal aufgestockt, ist aktuell super günstig. Die operativen Zahlen dieser Firma sind ein Träumchen!

Habe gestern auch zugeschlagen. KGV für die nächsten Jahre bei 2-3, KBV bei 0,6.

Gute Neuigkeiten!
234.7 g/t gold über 4.17m
Booooom

MANDALAY RESOURCES CORPORATION PROVIDES AN
EXPLORATION UPDATE ON SHEPHERD AND THE NEWLY
DISCOVERED KENDAL EXTENSION
TORONTO, ON, September 13, 2022 – Mandalay Resources Corporation ("Mandalay" or the
"Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on drilling progress
at its Costerfield operation in Victoria, Australia.

New Drilling Highlights:
Shepherd infill drilling supports and extends high-grade veining to the north and extends
and upgrades southern portion.
o 234.7 g/t gold over 4.17 m (Estimated True Width “ETW” 1.49 m) in BC262;
o 377.4 g/t gold over 0.54 m (ETW 0.40 m) in BC371;
Mineralization located 300 m to the south along trend of Shepherd and a further 150 m
at depth including:
o 332.0 g/t gold over 0.33 m (ETW 0.26 m) in BC274W1;
Potential third veining horizon at Shepherd located in three drill holes approximately 40
m further west of the known Shepherd veining including;
o 17.6 g/t gold & 18.6% antimony over 0.17 m (ETW 0.17 m) in BC299;
Additional veining located to the east of Youle with high potential for extension including:
o 22.2 g/t gold & 16.0% antimony over 0.24 m (ETW 0.12 m) in BC295;
Drilling above Youle intercepts an undiscovered and unmined panel of veining including:
o 27.8 g/t gold & 31.5% antimony over 0.67 m (ETW 0.36 m) in BC328.

https://mandalayresources.com/…d_kendal_update_final.pdf

Habe meine Position verdoppelt!

Third Quarter 2022 Highlights:

• Strong balance sheet with a sustained net cash position, $42.6 million of cash on hand and $36.7 million in total interest-bearing debt outstanding;
• Consolidated quarterly revenue of $46.0 million;
• $7.5 million in net cash flow from operating activities;
• Consolidated quarterly adjusted EBITDA¹ of $19.4 million;
• Adjusted net income¹ of $2.5 million ($0.03 or C$0.04 per share); and
• Consolidated net income of $9.3 million ($0.10 or C$0.13 per share).

Die Aktie kommt einfach nicht in die Gänge.

Hab heute erneut nachgekauft. Ein absolutes Schnäppchen mit viel Potential nach oben. Dazu hohe Margen und durch immer wiederkehrende hochgehaltige Treffer einiges an Explorationsphantasie.

Seit Nachkauf von 1,70 auf 2,48 CAD gestiegen.
+45% in 4 Wochen! [Blockierte Grafik: https://www.goldseiten-forum.com/wcf/images/smilies/thumbsup.png]

Ich habe bei 1,8 nachgekauft. Gestern habe ich dann leider ein wenig zu früh verkauft. (2,38).

Ich habe die letzten Wochen genutzt und 50% Cash aufgebaut. Ich beobachte ca. 70 Minenaktien. Viele davon befinden sich immer noch in der Nähe der 52 Wochen Tiefs. Andere haben bereits 50% und mehr zugelegt. Ich weiß eine Börsenregel sagt Gewinne laufen lassen und Verluste begrenzen, aber in den letzten 2 Jahren war es eher besser schnelle Gewinne mitzunehmen. Klar kann es diesesmal anders kommen und Gold und die Minen steigen weiter. Für dieses Szenario halte ich noch Explorer die demnächst fördern (1-2 Jahre), aber derzeit nicht beachtet werden, weiter im Depot.

LG Martin