SANDSTORM GOLD -- ehemals --Sandstorm Resources (Seite 25)

[KMST]

Antwort auf Beitrag Nr.: 52.993.498 von trobs am 04.08.16 22:43:38

ich nehm gold über meinen bitgold/goldmoney account
so war der plan

[trobs]

Aus dem oben angeführten Interview:

We are going to do new deals over the next 5 years, so the actual growth should be well in excess...

If we didn´t double the size of the company over the next 5 years, I´d be surprised.... .

We are at a point right now where we recognize that we should pay a dividend soon and we are going to become a dividend paying company eventually... and we´re just trying to find the right time.

....we wanna use gold as a currency in our day to day operations (Nolan reminds listeners of sandstorm´s part in bitgold).....sinngemäß: maybe, we give investors the choice: money or dividend in gold

[trobs]

8/4/16
Mo Sandstorm

It's trading like a buyout target.

Probably due to the fact that its lack of debt has made it into a buyout target.

http://incakolanews.blogspot.de/2016/08/mo-sandstorm.html

[trobs]

Nolan:

20%+ growth between now and 2019

50% FCF growth between now and 2021, where 100% of that growth is already paid for

a dramatically better growth/risk profile than a mining company

because everything is already paid for, 100% of our FCF is available to add to that 50% growth profile

[KMST]

schöne rally, endlich hat SAND den rückstand aufgeholt und sie sind mit abstand der am besten laufende streamer dieses jahr.

auch hier bin ich jetzt ein stück über +100% vorne

[KMST]

Sandstorm's President & CEO Nolan Watson remarked, "During the first half of 2016, Sandstorm has added 55 royalties to the Company's asset base, and has generated $18.4 million in net income and $18.6 million in cash flow from operations. We have used the operating cash flow and the proceeds from our recent equity raise to pay our debt down to zero and we now have over $110 million in available capital to pursue acquisitions. There are a wide range of deals that we are working on presently, from small deals on exploration stage assets to large transactions on cash flowing mines."

[trobs]

....Subsequent to quarter end, Sandstorm completed an equity financing for aggregate gross proceeds of $57.5 million. Upon closing of the financing, the majority of the net proceeds were used to reduce the balance of the Company's revolving credit facility. As a result, the Company currently has no bank debt and the entire $110 million revolving credit facility remains available for acquisition purposes....

http://www.newswire.ca/news-releases/sandstorm-gold-announce…

[trobs]

Sandstorm 2q16 financials

It's what happened after the close of 2q16 that's the most interesting. This bullet point from the NR:

Subsequent to quarter end, Sandstorm completed an equity financing for aggregate gross proceeds of $57.5 million. Upon closing of the financing, the majority of the net proceeds were used to reduce the balance of the Company's revolving credit facility. As a result, the Company currently has no bank debt and the entire $110 million revolving credit facility remains available for acquisition purposes.


As at 4q15, long-term bank debt stood at U$83.5m. Now it's all gone. I'm impressed.

http://www.newswire.ca/news-releases/sandstorm-gold-announce…

[trobs]

Sandstorm Q2: What To Expect

...

In the first quarter, Sandstorm produced 11,381 gold ounces at an average realized gold price of $1,176 per ounce; this led to revenue of $13.4 million and operating cash flow of $9.7 million (operating margins of 72.3%).

With 12,500 ounces of gold sold this quarter at a gold price of $1,300 per ounce, investors can expect approximately $16.2 million in revenue and $11.7 million in operating cash flow. However, keep in mind that these are just estimates - the company's average realized gold price may actually be lower (or higher) than this figure depending on when the company realized its gold sales (the price of gold has traded between $1,220 - $1,360 this quarter). The company's realized production may also be higher or lower, depending on the timing of deliveries.

...

http://seekingalpha.com/article/3988199-sandstorm-q2-expect

[tntxrxwelle]

Antwort auf Beitrag Nr.: 52.824.115 von trobs am 13.07.16 13:17:50

Wofür das -m.E. überflüssige- placement ursprünglich war, ist mir schon klar. Hatte auch nicht den Grund, "plötzlich" die Verbindlichkeiten zurückzuführen, sondern weil der Kurs so schön war und ohne finanziellen Spielraum ist das Streamergeschäft für Aktionäre und Management zu langweilig.

Geld ist Geld, ob nun zur Kreditrückführung oder Dividende. Kurz gesagt: Man hat mal schnell den Abgriff am gelaufenen Goldaktienmarkt genutzt, um ein paar Aktien auf den Markt zu schmeissen. Aus Managementsich durchaus ein plausibler Zug. Ob man als Aktionär bei dieser Attitude glücklich wird, ist wieder eine andere Frage.