Suche
 
Folgen Sie uns auf:

VIDEO: Geopacific Resources Ltd - Unlocking Hidden Treasures at the Woodlark Gold Project

06.02.2017  |  ABN Newswire
Perth - Geopacific Resources Ltd. (ASX:GPR) (OTCMKTS:GPACF) are developing the Woodlark Gold Project in the archipelago nation of Papua New Guinea. Woodlark is an advanced gold development asset with a reserve of just under 800koz and a resource of 2.1Moz of gold. It remains highly prospective for further growth on both accounts with a three rig drill program underway.

The company has targeted an initial increased project reserve of 1.2Moz Au in conjunction with releasing a BFS later this year. This will likely be followed with a decision to mine shortly thereafter. All mining and environmental permits are in place and the company has strong institutional support with RCF (32%) and Tembo (27%) as the company's major shareholders.

Analyst Comment: Geopacific pulled off a fantastic deal when they executed the earn in agreement to acquire up to an 80% interest in the Woodlark gold project. This is a deal structure typical for an early stage exploration asset rather than one that is nearing a decision to mine for a +100 koz per annum gold operation. It has no upfront or deferred capital due and achievable ownership milestone targets (1.2Moz reserve & Bankable Feasibility Study).

With three drill rigs currently at site (drill results continuously being released) and potentially a lower cut-off grade being applied, we are confident the 1.2Moz reserve target can be achieved by mid-2017. Work has also commenced on the BFS, with a number of areas in the previous DFS already being identified that will facilitate significant improvements on the projects economics (reduction in capital, strip ratio and power costs). We have forecasted initial C1 Cash Costs of US$742/oz, however believe this costs could fall below $700/oz when the BFS is released.

The information in this email should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

Valuation: We initiated coverage on Geopacific with a valuation of $0.11 / share (share price $0.035 / share).

The information contained in this message and any attachments may be privileged and confidential, and is intended for the exclusive use of the addressee. If you are not the addressee, any disclosure, reproduction, distribution, on-transmission, dissemination or use of the communication is strictly prohibited. Please be advised that, whilst attachments may have been checked for viruses, you should rely on your own virus-checking software and procedures.

This information is general information only. Any advice is general advice only. Neither your personal objectives, financial situation or needs have not been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Adam Kiley (AR No. 458224) is an authorised representative of Intelligent Financial Markets Pty Ltd (AFSL No. 426359).

TSI Capital Pty Ltd (TSI Capital) will only initiate coverage of a company that passes our internal investment checklist. Once a company has passed this checklist will we initiation coverage of the company as well as follow up with ongoing updates and commentary on that company's activities.

TSI Capital does and seeks to do business with companies featured in videos on this website. As a result, investors should be aware that TSI Capital may have a conflict of interest that could affect the objectivity of our analysis. Investors should consider the information and commentary within this website as only a single factor in making any investment decision. The publishers of this video also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this video.

To view the video, please visit:
http://www.abnnewswire.net/press/en/86900/gpr


About Geopacific Resources Ltd:

Geopacific Resources Ltd. (ASX:GPR) has been listed on the Australian Stock Exchange (ASX) since 2006. The Company's initial activities were on its tenement holdings in Fiji where its exploration activities have identified several highly prospective project areas.

When Geopacific merged with World Wide Mining in 2013 the Company became a regional explorer with an Asia-Pacific-focus – adding the Kou Sa Project in Cambodia to its existing Fijian Projects. Economic conditions then led the Company to adopt a single-project strategy, focussed on Kou Sa. The experience of Geopacific's Board and Senior Management Team equips the Company with the capability and capacity to run projects concurrently – exploration at the Fijian Projects will therefore recommence while work at Kou Sa continues.

Source: Geopacific Resources Ltd.



Contact:

Adam Kiley Director
TSI Capital Pty Ltd
M: +61 404 945 234
adam.kiley@tsicapital.com.au
www.thesophisticatedinvestor.com.au
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Geopacific Resources Ltd.
Bergbau
A0HMWX
AU000000GPR2
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"