Posted On: 12/14/2014 9:13:17 PM
Post# of 4018
SIRG LATEST DD
Author:
jufel Tuesday, 09/16/14 08:21:35 PM
Re: None
Post # of 30995
SIRG LATEST DD
PPS TARGET ( after funds are released ): SIX PENNIES ( see below #5 )
1. KCPC will Fund SIRG's Chloride Copper Mine in Arizona thru
RED ROCK ASSETS.
http://www.marketwired.com/press-release/key-...941171.htm
"SCOTTSDALE, AZ--(Marketwired - Aug 25, 2014) - Key Capital Corporation ("Key Capital" or the "Company"
(PINKSHEETS: KCPC) is pleased to advise that the Company has entered into funding agreements for the following projects, after completing initial due diligence and site visits....
...Following funding, the Company ( KCPC )will initially hold a 40% interest in the Project, reducing to 35% following full loan repayment."
2. RED ROCK ASSETS posts summary of the project Chloride Copper Mine.
https://www.redrockassets.com/project_1_summary.php
"The Chloride Copper Mine has largely completed all required development activity for immediate operation once the existing infrastructure and plant have been refurbished"
Some Highlights of the project:
- 50 million lbs of copper resources (9 year mine life) with indication of an additional 50 million lbs
- Expected Cash Cost of US$1.55/lb compared to current Price of Copper of around US$3.20 /lb ---> Net Profit % = (3.20-1.55)/3.20 = 51%
- Most Permits already approved.
3. Proposal accepted by BLM ( July 2012 and Feb. 2014)
http://www.blm.gov/pgdata/etc/medialib/blm/az...-FONSI.pdf
Projected Anual revenues : estimated $13,271,000 annually ( see page 43 (or 52))
4. Share Structure
Transfer Agent: Pacific Stock Transfer Company
Contact: Danielle Case
AS: 970 M shares
OS: 942 M shares
5. Projected PPS for SIRG after Funding is processed:
Projected Anual revenues : $13,271,000 annually ( see #3 )
SIRG's Revenues (60% of $13,271,000 annually) = $7.96 M
Net Profits 51% ( see #2 ) = $4 M
EARNINGS PER SHARE (EPS): $4 M/942 M shrs = $0.0043/shr
Price to Earning factor (PE): 15 ( average )
Projected PPS = 15 * 0.0043 = $0.065/sh
Author:
jufel Tuesday, 09/16/14 08:21:35 PM
Re: None
Post # of 30995
SIRG LATEST DD
PPS TARGET ( after funds are released ): SIX PENNIES ( see below #5 )
1. KCPC will Fund SIRG's Chloride Copper Mine in Arizona thru
RED ROCK ASSETS.
http://www.marketwired.com/press-release/key-...941171.htm
"SCOTTSDALE, AZ--(Marketwired - Aug 25, 2014) - Key Capital Corporation ("Key Capital" or the "Company"
(PINKSHEETS: KCPC) is pleased to advise that the Company has entered into funding agreements for the following projects, after completing initial due diligence and site visits.... ...Following funding, the Company ( KCPC )will initially hold a 40% interest in the Project, reducing to 35% following full loan repayment."
2. RED ROCK ASSETS posts summary of the project Chloride Copper Mine.
https://www.redrockassets.com/project_1_summary.php
"The Chloride Copper Mine has largely completed all required development activity for immediate operation once the existing infrastructure and plant have been refurbished"
Some Highlights of the project:
- 50 million lbs of copper resources (9 year mine life) with indication of an additional 50 million lbs
- Expected Cash Cost of US$1.55/lb compared to current Price of Copper of around US$3.20 /lb ---> Net Profit % = (3.20-1.55)/3.20 = 51%
- Most Permits already approved.
3. Proposal accepted by BLM ( July 2012 and Feb. 2014)
http://www.blm.gov/pgdata/etc/medialib/blm/az...-FONSI.pdf
Projected Anual revenues : estimated $13,271,000 annually ( see page 43 (or 52))
4. Share Structure
Transfer Agent: Pacific Stock Transfer Company
Contact: Danielle Case
AS: 970 M shares
OS: 942 M shares
5. Projected PPS for SIRG after Funding is processed:
Projected Anual revenues : $13,271,000 annually ( see #3 )
SIRG's Revenues (60% of $13,271,000 annually) = $7.96 M
Net Profits 51% ( see #2 ) = $4 M
EARNINGS PER SHARE (EPS): $4 M/942 M shrs = $0.0043/shr
Price to Earning factor (PE): 15 ( average )
Projected PPS = 15 * 0.0043 = $0.065/sh
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