Cerrado gold breakdown and where Capella Minerals
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Posted On: 11/25/2020 6:46:10 PM
Cerrado gold breakdown and where Capella Minerals can benefit:
BBA.P Float – 45,605,403 / 8.31 (rollback amount) = 5,488,014
BBA.P Halted Price - $0.05 X 8.31 (rollback price) = 41.55 cents
Cerrado Gold Company Presentation – 55,453,780 Shares (Private)
November Private Placement - $25 million(price not announced) Assuming same price as rollback
Placement Shares(Estimate) $25,000,000 / $0.41 = 60,975,609
Capella Minerals Share Holdings(Estimate) based on $2.25 million at raise price
CMIL Holdings: $2,250,000 / $0.41 = 5,487,804
Estimated common shares without options or warrants:
BBA.P(5,488,014) + Cerrado Gold (55,453,780) + Nov PP(60,975,609) + CMIL(5,487,804) = 127,405,207, lets round to 127.5 million for sake of ease
Estimated revenue from their November company presentation: https://c0fa6392-d308-44dd-a6f0-35d71f381b56....4869a1.pdf
Page 5 information: NPV of $432 million USD @ $1550oz USD, today gold is at $1800.
Estimated production of 45,000 to 55,000 ounces of gold per year with a AISC of $900 to $1100 per ounce.
For low estimates, lets use their $1550 price and lower output of 45,000 ounces and a AISC of $1100:
$1,550 - $1100 = $450 net income per ounce X 45,000 ounces = $20,250,000 USD Estimated net income for 2021.
Estimated earnings: $20,250,000 / 127,500,000 = $0.1588 or $0.16 USD (convert to CAD) X 1.30 = $0.208 or $0.21 earnings per share, estimated at low output.
Compare this to a similar producer like F.V(Fiore Gold) who produced 46,000 ounces of gold in it’s fiscal year and earned close to $9 million USD with a float of 99 million shares, it trades around $1.50 CAD.
Estimated target price for Cerrado Gold (CER) should be around the $2 mark, assuming a minimum gold producer multiple of 10 times. How does it affect Capella Minerals? The company should technically be holding over $10 million dollars in stock value by the end of 2021, large than the current market cap and not taking into consideration it’s current cash position, 6 projects being worked on, or the millions of shares held in Ethos Gold. Again, this is all an estimate until we get the actual placement numbers, which should be out anytime.
Secondary Note: Cerrado Gold will have a webinar on December 8th 2020, those that wish to listen to this, join up here - https://www.redcloudfs.com/rcwebinar-cer/
BBA.P Float – 45,605,403 / 8.31 (rollback amount) = 5,488,014
BBA.P Halted Price - $0.05 X 8.31 (rollback price) = 41.55 cents
Cerrado Gold Company Presentation – 55,453,780 Shares (Private)
November Private Placement - $25 million(price not announced) Assuming same price as rollback
Placement Shares(Estimate) $25,000,000 / $0.41 = 60,975,609
Capella Minerals Share Holdings(Estimate) based on $2.25 million at raise price
CMIL Holdings: $2,250,000 / $0.41 = 5,487,804
Estimated common shares without options or warrants:
BBA.P(5,488,014) + Cerrado Gold (55,453,780) + Nov PP(60,975,609) + CMIL(5,487,804) = 127,405,207, lets round to 127.5 million for sake of ease
Estimated revenue from their November company presentation: https://c0fa6392-d308-44dd-a6f0-35d71f381b56....4869a1.pdf
Page 5 information: NPV of $432 million USD @ $1550oz USD, today gold is at $1800.
Estimated production of 45,000 to 55,000 ounces of gold per year with a AISC of $900 to $1100 per ounce.
For low estimates, lets use their $1550 price and lower output of 45,000 ounces and a AISC of $1100:
$1,550 - $1100 = $450 net income per ounce X 45,000 ounces = $20,250,000 USD Estimated net income for 2021.
Estimated earnings: $20,250,000 / 127,500,000 = $0.1588 or $0.16 USD (convert to CAD) X 1.30 = $0.208 or $0.21 earnings per share, estimated at low output.
Compare this to a similar producer like F.V(Fiore Gold) who produced 46,000 ounces of gold in it’s fiscal year and earned close to $9 million USD with a float of 99 million shares, it trades around $1.50 CAD.
Estimated target price for Cerrado Gold (CER) should be around the $2 mark, assuming a minimum gold producer multiple of 10 times. How does it affect Capella Minerals? The company should technically be holding over $10 million dollars in stock value by the end of 2021, large than the current market cap and not taking into consideration it’s current cash position, 6 projects being worked on, or the millions of shares held in Ethos Gold. Again, this is all an estimate until we get the actual placement numbers, which should be out anytime.
Secondary Note: Cerrado Gold will have a webinar on December 8th 2020, those that wish to listen to this, join up here - https://www.redcloudfs.com/rcwebinar-cer/
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