Equinox Gold Corp./ EQX (TSX, ASE)

@zukuenftiger

Ich hatte Mesquite mit Rainy River verwechselt. Rainy River ist die Mine mit sehr sehr hohen AISC bei Newgold.

Mesquite, also die jetzt verkaufte Mine, hatte eine Guidance für 2018 mit AISC i.H.v. 1.025 $ und eine Produktion von 145.000 Unzen Gold.

Produziert wurde hier aber im ersten Halbjahr mit deutlich unter 1.000 $.

Bei Newgold gehen wohl bald die Lichter aus. Die verkaufte Mine war die einzige, die wirtschaftlich war.

Hier noch mehr Infos dazu:

https://seekingalpha.com/amp/a…quite-mine-near-las-vegas

Zitat von Gold Panda

Summary

• The acquisition will be financed through debt and equity, the terms of the Scotiabank facility look impressive.
• Mesquite is located just 200 miles from the Castle Mountain project, there’s good potential for synergies.
• Mesquite and Castle Mountain are both ROM operations and they are very similar in size.

... Mesquite is an open-pit, run-of-mine (ROM) heap leach gold mine, which started operations in 1985 and was restarted a decade ago. Over the past 10 years the mine had an average annual production of 135,000 ounces of gold.
Mining at Mesquite is performed using a conventional truck/shovel open-pit mining method and ROM ore is hauled directly to the leach pad for processing. In 2017, Mesquite produced 168,889 ounces of gold at an operating expense per ounce of gold sold of $727 and all-in sustaining costs (AISC) of $817 per ounce. In 2018, the mine is expected to produce between 140,000 and 150,000 ounces of gold at operating expense per gold ounce sold of between $890 and $930 per ounce and AISC of between $1,005 and $1,045 per ounce.
[Blockierte Grafik: https://static1-seekingalpha-com.cdn.ampproject.org/i/s/static1.seekingalpha.com/uploads/2018/9/36303466_15374521378919_rId7.png]Source: New Gold
Based on current reserves, Mesquite should operate through 2021, followed by several years of residual leaching. There will be probably two or three years of residual leaching, so the current runway is around six years. I think that the mine has a decent exploration potential as it had 1.18 million ounces of resources in the measured and indicated categories as of the end of 2017...

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New Gold heute wieder im Minus und Equinox legt leicht zu - ich denke der Deal war perspektivisch sinnvoll.

Kurze Frage zur MK von Equinox. Finde hierzu unterschiedliche Angaben die von 430 CAD bis 870 Mio CAD reichen

Market Cap Equinox = issued common shares x Aktienkurs = 446,631,696 x 0,97 CAD = round about 430 Mio CAD
https://www.equinoxgold.com/investors/stock-information/

Es gibt auch eine fully dilluted market cap ggf mal google für Definitionen anschmeißen. ich würde die issued common shares x Aktienkurs nehmen, wird so z.B. bei maxblue verwendet.

Ok, danke!

Mich haben die Angaben auf Stockhouse irritiert:

Stockhouse

Bei allen anderen Werten sind die Angaben eindeutig bzw deckungsgleich!

https://seekingalpha.com/artic…ox-gold-poised-shine-2019

Zitat von Gold Panda

Conclusion:
Equinox Gold had a decent 2018 and I was pleased with the acquisition of Mesquite, the exploration results at Aurizona, the sale of Koricancha and the option agreement for Ricardo. However, I was a bit disappointed with the PFS for Castle Mountain and the delays at Aurizona.
I think that 2019 is shaping as a defining year for the company as it has to prove it can deliver by putting Aurizona online smoothly and finance the construction of Castle Mountain. I expect Equinox to move to the main market of TSX and list on a large US stock exchange and maybe buy another mine or two. I also think that the listing of Solaris Copper should add some value, although it's very difficult to estimate how much. Overall, Equinox should pop up on the radars of many investors this year as it makes its way in the majors category.

Heute bei Equinox eingkauft- da ist noch viel Luft nach Norden.zu den Fundamentaldaten ist ja oben alles gesagt.

https://seekingalpha.com/amp/a…-ross-beaty-master-stroke

Zitat von Gold Panda

Summary

• Equinox Gold has signed a $130 million convertible notes deal with Mubadala at an interest rate of only 5%.
• The notes are convertible into Equinox shares at $1.05 apiece, which represents a 25% premium to the share price.
• The investment will help Equinox fund the fist phase of the Castle Mountain Gold project and save over $11 million in interest payments over the next five years.

(...)

Conclusion
In my last SA article on Equinox, I said that 2019 is shaping as a defining year for the company as it has to prove it can deliver by putting Aurizona online smoothly and finance the construction of Castle Mountain phase one. The funding for the latter is now secure and I think that the terms of the loan from Mubadala are very good for a mining company. The Abu Dhabi company could also decide to convert its notes to shares at some point over the next five years which would give it a stake of around 18% in Equinox and save the latter $6.5 million per year in interest payments.
The next hurdle for Equinox is commercial production at Aurizona which is scheduled in the next month.
In 2019, I expect Equinox to move to the main market of TSX and list on a large US stock exchange and maybe buy another mine or two. The listing of its copper arm Solaris Copper should add some value for shareholders.
Overall, I think that Equinox looks undervalued at the moment and 2019 is shaping as a very exciting year for the company. Equinox is currently valued by the market at below half its net asset value, compared to 1.1 times net asset value for the leading intermediate gold producers.

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Zitat von Jones

https://seekingalpha.com/amp/a…-ross-beaty-master-stroke

EQX heute eine der wenigen Minen, die steigen. Bleibe dabei!

Weiterhin fest mit 1,26 C$ bzw. +5%.
Ross Beaty ist hier mit 12% beteiligt- schon das ist eine gute Versicherung.
Nächster Widerstand knapp 1,40 C$.

Hier noch die Originalquelle (northern miner war bei mir geizig):

https://www.equinoxgold.com/in…mesquite-technical-report

Gruß! Fritz