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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Anglogold Ash | AGD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 875.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 875.00 | 875.00 |
| Top Posts |
|---|
Posted at 28/1/2003 21:56 by energyi NOW WORTH C$3.50/ share?Old Posting: DUNDEE GIVES AGD an estimated NAV of C$2.65: " We expect Ariane will successfully define one million ounces in the saprolite ore over the next 12 months. Based on our indicative case of one million ounces contained in the saprolite ore, Ariane's NAV (undiscounted, US$325/oz.) gold price should be about C$2.65. We selected a 12 month target price of about half of the indicative NAV, to account for hurdles the compnay must overcome, and some anticipated profit-taking from investors. We rate Ariane a SPECULATIVE BUY with a target price of C$1.50. " From: Dundee's Gold report dated 29.Oct.2002 = = = = = What about using $350/ oz.? +$25 x 1 million oz: +$25 mn. / 45mn shs= +$0.556 x 1.55= C$0.86/share Old NAV: C$2.65 Increase + 0.86 New NAV: C$3.51 /share |
Posted at 06/11/2002 17:57 by energyi DUNDEE GIVES AGD an estimated NAV of C$2.65:" We expect Ariane will successfully define one million ounces in the saprolite ore over the next 12 months. Based on our indicative case of one million ounces contained in the saprolite ore, Ariane's NAV (undiscounted, US$325/oz.) gold price should be about C$2.65. We selected a 12 month target price of about half of the indicative NAV, to account for hurdles the compnay must overcome, and some anticipated profit-taking from investors. We rate Ariane a SPECULATIVE BUY with a target price of C$1.50. " From: Dundee's Gold report dated 29.Oct.2002 |
Posted at 20/9/2002 18:34 by energyi The Unofficial ARIANE Chatboard ... : Bid from Cambior: Each 2.91AGD= CBJ, so CBJ /2.91= example: $3.50/2.91=$1.20 $4.00:$1.37 $3.00:$1.03 Alternative CBJ Chart Chart Family: Monthly.... /........ Weekly ........ / ........ Daily ......... .DAILY. Chart Compare AGD with Cambior (brown line) and HUI Index: IPO at: C$0.70 per share- potential 3-4 bagger. Started trading: 16 Sept. 2002 Just over 44 Million shares outstanding. --------- Camp Caiman The Camp Caiman project is an advanced stage exploration and development project, with current identified indicated resources of 822,868 ounces Au with a further inferred resource of 1,047,079 ounces Au. The project is located in eastern French Guiana, 60 km from the capital city Cayenne, and is accessible by paved road. AGF completed over 39,000 metres of diamond drilling and 20,000 metres of RC drilling at Camp Caiman. To date, some US$ 14 million has been spent on exploration. Geostat International from Montreal was retained to independently calculate resources for Camp Caiman. --------- GOLD from the Camp Caiman Project: Potential Economics - Oxide only: Caiman: 830,000 oz (2.7 g/t) . ........... Other : 270,000 oz (4.0 g/t) - Capital cost. : US $35 million - Operating cost: US$165-175/oz. (incl. Pons payments) - Production: 115,000 oz./year @ 4,000 tpd - NPV: 5.0% : US$ 64 million, incl. acquisition cost :- . : 7.5% : US$ 50 million :- . : 10 % : US$ 38 million Camp Caiman - Resources Cut-off:... Indicated Resorces Inferred Resources ........... Tonnes Grade Gold. Tonnes Grade Gold. ........... ...... ..... 000's ...... ..... 000's (1.0 g/t).. ...... ..... oz.s. ...... ..... oz.s. Saprolite... 3,040. 3.13 306.2. 4,793. 2.08 320.5 Rock........ 4,368. 3.53 496.3. 7,838. 2.59 652.1 Total....... 7,408. 3.37 802.5 12,631. 2.40 972.6 - - - Ariane Structure Post Financing :- Shares outstanding: 44.03 Million :- Cash Held......: C$ 25.5 Million :- Capital Cost...: C$ 35 Million??? to build mine, finance $10mn? - - - If Mkt.Cap goes to US$70 per oz./C$100, then: C$100mn Mkt.Cap. = about 2.7 times the "current" C$37 million Mkt.Cap at C$0.84/ share --------- Dundee Precious Metals Inc. (DPM.A, DPM.WT.A - TSX) ("Dundee Precious") ..holds an aggregate of 470,802 special warrants of Ariane Gold Corp. ("Ariane"), convertible into 470,802 common shares of Ariane, and 4,708,020 rights to purchase 4,708,020 common shares of Ariane at a price of $0.70 per share until August 29, 2002. These holdings represent a 10.7% interest in Ariane, assuming the exercise of all of the rights. --------- Ratio: AGD/MAE ... Prices in C$ Week. .AGD. .MAE. Ratio ..HUI. Ratio 29.11 $0.68 $1.15 0.591 115.93 0.587 22.11 $---- $---- ----- 116.47 ----- 15.11 $0.65 $1.26 0.516 122.90 0.529 08.11 $0.63 $1.23 0.512 121.74 0.517 01.11 $0.63 $1.19 0.529 115.53 0.545 25.10 $0.65 $1.10 0.591 108.84 0.597 18.10 $0.55 $1.25 0.440 113.89 0.482 11.10 $0.58 $1.30 0.446 112.68 0.515 04.10 $0.72 $1.47 0.490 119.43 0.603 27.09 $0.75 $1.56 0.481 125.34 0.598 20.09 $0.84 $1.57 0.535 131.82 0.637 16.09 $0.77 $1.41 0.546 135.00 0.570 RATIO Chart: AGD.to/Miramar (MNG: US quote): --------- --------- Montagnes Tortue and Maripa, French Guiana The Montagnes Tortue and Maripa properties are located in the north-eastern part of French Guiana, an overseas territory of France, less than 100 kilometres from Cayenne, the capital city. In early 1999, the Company entered into an agreement in principle with Cambior Inc., to acquire 50% of Cambior's interest in the Montagnes Tortue and Maripa properties located in French Guiana, in consideration for the Company's 15% interest in the Yaou and Dorlin properties also located in French Guiana and the incurring of exploration and development expenditures totalling US $1.5 million on the acquired properties over a two-year period. A 913-metre mechanical trenching program was carried out in Zones 2 and 4 of the Montagnes Tortue property in 1999. This was followed by a 350-metre (6 hole) diamond drilling program in Zone 4. Results from the trenching program suggest the presence of a possibly continuous 2.1-kilometre mineralized zone. At the Maripa property in 1999,a 756-metre (11 hole) drilling program was carried out on the GU 17 T Zone. Results obtained from the North Area (6 holes) averaged up to 2.31 g Au/t over a drilled width of 21.5 metres (using a 0.5 g Au/t cutoff). In February 2001, Hope Bay Gold consolidated and increased its land position in French Guiana through the acquisition of CBJ-France S.A.R.L., which owns the Montagnes Tortue exploration permit and is party to an agreement allowing it to acquire a 75% interest in several exploration permits, including the Maripa property. In exchange, the Company ceded its Abitibi (Northwestern Québec) property assets to Cambior Inc. This transaction gives Hope Bay Gold increased control over the Montagnes Tortue and Maripa properties as well as additional interests in the vicinity, adding up to control of a gold belt of over 40 kilometres of strike length. The Company is applying the same business and exploration strategy as at Hope Bay, and is very optimistic about the mineral potential of this easily accessible area of French Guiana --------- LINKS: Ariane Gold Site (under construction): Interview: J.Crombie: Long Form Prospectus: Historical AGD price data: - - - Stockhouse BB's: AGD: MAE: Map of French Guiana: Guiana Fact Briefing: Hope Bay Gold website: Tortue from HBG site: Mineral Industry in French Guiana: Nvest Messages on Ariane: Google Search: Infomine Page: Miramar BB on Stockhouse: Miramar BB on Silicon Investor: |
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