Beiträge von John Ruskin

  • Indochine Mining (IDC.AX)

    Auszug / Analyse:


    There are likely to be very few new gold mines brought into production globally in the next 12-18 months; let alone a project resource likely to be circa 1,000,000 ounces grading a whopping 10 grams per tonne gold. Next door Porgera is one and the Eureka Vein Cerro Negro is another. In relative terms, this highlights the undervaluation of Indochine.


    Production is targeted for 2015. There is potential to substantially increase mineable ounces and grade <$100 million CAPEX is targeted at half the cost of PFS in 2012. Indochine is on track to rapidly develop high-grade, low cost underground mine.


    All-in-sustaining costs are likely to be among the lowest in the world based on the high grade, providing strong after tax cash flows.


    Mine life could run 15-20 years or more based on Porgera next door's profile which has the same geological setting as Mount Kare.


    CAPEX is also more likely to be achievable based on the high grade and high margin potential of the project. Mt Kare ticks most boxes as well as a strong management team at Indochine and in country team in PNG.


    Indochine's share price and market valuation have been held back by concerns about access to capital - this is removed with the raising. As are concerns regarding landowners with the LIS completed.


    Proactive Investors has provided an initial estimate of valuation of Indochine based on our calculations of the high grade zone production and likely operating costs and projected cash flows as well as near term catalysts and milestones ahead.


    Current share price is $0.068 and market cap. is circa $66 million.


    Our 6 month price target is $0.10 - $0.15 and forward target is $0.32 - $0.55 within 12 - 18 months.

  • Millennium Minerals / MOY (ASX)

    siehe:


    http://www.proactiveinvestors.…profit-of-417m-54006.html



    Auzug:


    Analysis


    That Millennium Mineral has delivered a maiden net profit of $41.7 million from the first year of commercial production at its Nullagine Project is a testament to the project economics and highlights the undervaluation of the company.


    Even stripping out the unrealised gain and income tax benefit, still provides an EPS of $0.049 and P/E of 2.0 x historical earnings.


    Given that the company’s market cap. is just circa $33 million, the under-valuation for Millennium is acute and significant.


    Gruss John.

  • Depot und Watchlist

    z.B.:


    (Auszug aus Rockstone Research Ltd, Stephan Bogner)


    Weltklasse-Lagestätte auch in schwierigen Zeiten hochprofitabel


    "Santacruz Silver Mining Ltd. hat in Zeiten niedriger Silberpreise erfolgreich eine Silber-Mine in Produktion gebracht.


    Santacruz Silver Mining erfüllt alle meine Kriterien und ist eine Musterbeispiel für das richtige Vorgehen in einem schwierigen Marktumfeld.


    Santacruz Silver Mining entwickelt eine weitere Weltklasse-Lagerstätte, die auch in schwierigen Zeiten hochprofitabel sein wird."


    GRUSS JOHN.

  • GoldQuest Mining / GQC, GDQMF (TSXV, OTN)

    Schaut Euch bitte mal auf deren Homepage die Rubrik Investor Center, und dort die FAQ's an.
    Da geht eigentlich eindeutig daraus hervor, dass GQC selber nicht produzieren/fördern will.
    Sie sehen sich als reiner Explorer und Developer.
    Seht Ihr das als Nachteil ?


    Greets John.

  • Depot und Watchlist

    Hallo Forum,


    anbei mal ein paar Werte aus meiner Watchlist (gerne zur offenen Diskussion).


    In Klammern dahinter: (High aus 2011-2012 / aktueller Kurs):


    Gran Colombia (58 / 2,16 CAD)


    Perseus (4 / 0,43 CAD)


    Troy (5 / 1,16 CAD)


    Kingsgate (12 / 1,05 USD)


    Gruss John.

  • Depotstruktur -- Märkte und Edelmetalle im Vergleich

    Hallo Forum,


    was haltet ihr vom GDXJ ETF (A1W1LD), beinhaltet z.B. Semafo, Primero, Fortuna, Oceana, ...


    Wenn man sich im Internet einliest und die Juniors anschaut, welche darin enthalten sind, sieht der doch ganz gut aus, vor Allem unter dem Aspekt Risikostreuung.


    Wer hat hier eine Meinung dazu ?


    Gruss John.


    .. auch der GDX ETF (A0J25R) sieht auf den ersten Blick ganz gut aus, hier halt mit den grösseren Companies wie Goldcorp, Yamana, Franco Nevada, Sibanye oder Eldorado.

  • Cobar Consolidated Res./ CCU (ASX)

    Hallo Forum,


    folgendes habe ich heute auf miningweekly.com gefunden:


    1)


    By: Esmarie Swanepoel / 12th December 2013


    JOHANNESBURG (miningweekly.com) – Silver miner Cobar Consolidated Resources (CCR) has reported its largest silver shipment since production started at its Wonawinta mine, in New South Wales, in July of last year.


    The company this week shipped some 100 007 oz of silver dore, taking its total for the month of December to date to 131 500 oz and silver dore production to 125 600 oz.


    “This is a significant achievement for us and confirms the good operating performance in the second half of November continuing into December,” said CCR CEO Paul Bibby.


    Biddy recently reported that Wonawinta was on track to reach its 200 000 oz/m target by early 2014.


    2)


    By: Esmarie Swanepoel / 6th December 2013:


    PERTH (miningweekly.com) – Silver miner Cobar Consolidated Resources (CCR) remained firmly on track to produce some 200 000 oz/m of silver by early 2014, as the company’s Wonawinta mine, in New South Wales, continued to deliver.


    CCR reported on Friday that production during November was up 18% on the previous month, with the mine producing 167 000 oz of silver. This included silver dore production of 128 000 oz and an increase in circuit stocks of 39 000 oz.


    “We are encouraged by the strong safety performance and the improving operational performance at Wonawinta,” CCR CEO Paul Biddy said.


    “As a result of the consistently higher plant availability and better recoveries later in the month, we demonstrated the plant’s ability to operate and recover silver in excess of the 200 000 oz/m rate.”


    Biddy said that the company was expected to be cash positive once it reached its 200 000 oz/m production target.


    Wonawinta poured its first silver in July last year. In August this year, CCR warned of an impairment of between A$28-million and A$33-million on the Wonawinta mine after a fall in commodity prices.


    ***


    KGV lt. Yahoo Finance ca. 3


    KBV lt. Yahoo Finance ca. 0,65


    Sieht m.E. ganz vielversprechend aus (J. Saiger hatte den Wert 2013 auch schon auf dem Schirm).


    Was meint Ihr zu dem Wert ?


    Gruss John.

  • Sandstorm Gold / SSL,SAND (TSX,USC)

    Hallo Ihr 2,


    Danke für Eure Einschätzungen.


    Glaubt Ihr, das Risiko bei einer Firma mit Hauptsitz in USA ist grösser als bei einer mit Sitz in Kanada (FNV - RGLD) ?


    Gibt es da evtl. ein Währungsthema ( USD gegen CAD ) .


    Danke und Gruss John