Globex Mining- Startschuss ??? (Seite 794)

[Fels33]

Antwort auf Beitrag Nr.: 56.256.491 von Fels33 am 23.11.17 13:16:41

>Already in the works on this NI 43-101 ompliant property is an MOU with an international firm.>

Doch Magusi!

LG
Fels

[Fels33]

Antwort auf Beitrag Nr.: 56.255.939 von WilliamTell am 23.11.17 12:29:35

Danke!

LG
Fels

[WilliamTell]

Sayona - Authier Lithium Projekt

Heute Kurs Niveau gehalten mit guten Umsätzen und neuem Jahres-Hoch:

0.055 Vortag
0.056 Open
0.060 Hoch
0.053 Tief
0.055 Schluss
57.1 Mio gehandelte Aktien
80.4 Mio Marktkapitalisierung

Wann sehen wir eine Marktkap von 100 Mio?

Gruss William

[WilliamTell]

EnerSpar Corp Set to Commence Much-Anticipated Drilling Program

Das wird Fels33 gefallen....Enerspar verbohrt 1 Mio auf Johan Beetz Feldspar Property....

This week, EnerSpar Corp. (TSXV: ENER – $0.08 & Fra: 5E0 – €0.04) confirmed that it is ready to proceed with its initial drilling program, as part of exploration work currently underway, at its flagship Johan Beetz Property. The first phase of drilling is set to commence immediately, while a second phase is planned to follow up in spring 2018.

The Johan Beetz project, located in the Canadian Province of Quebec, may be considered an advanced stage asset in that there is a significant historic feldspar resource, and the deposit once hosted a producing mine. The deposit includes both potassic and sodic feldspars, which are the rarest types of feldspar and of the highest value. However, there is no compliant NI 43-101 Resource Estimate for the property, which is the standard required for mineral resource documentation and corporate disclosure.

With the feldspars located right near surface at Johan Beetz, it will be a relatively simple process with lower risk and fewer expenses to complete confirmation drilling necessary to establish a compliant resource.

Feldspar is the single most abundant mineral group on Earth, as it accounts for an estimated 60% of exposed rocks, as well as soils, clays, and other unconsolidated sediments. However, some types of feldspar are not abundant elements on Earth, such as Na-spar and K-spar, the two types which are found on the Johan Beetz property. Na-spar is the 2nd rarest form of feldspar, while K-spar is the rarest of all feldspars.

The ceramic and glass industries are the major consumers of feldspar, as they account for 95% of the total consumption. More recently however, feldspar’s application in solar cell panel fabrication has become a huge growth market.

The first step of the work program included mapping, trenching, and surface sampling. This prep work was completed in September 2017. Only minor stripping of overburden was required in order to access sampling points. The sampling process itself was completed using a rock saw to extract narrow channels in the exposed rock units.

The samples were labeled and documented, collected in sealed bags, and then shipped to a lab. The first batch of assay results may be expected within a few weeks. In addition to determining the grade and distribution of the feldspars, some of this sample material can be used for geochemical and metallurgical testing.

The upcoming diamond drilling program, will punch a series of 50 shallow holes, distributed in a grid across some of the resource zones. A total of about 1250m of drilling is planned, with the average drill hole extending down about 25 meters. The drilling work is expected to commence shortly and may be completed within only a few weeks, confidently by Dec. 31, 2017.

The objective of this work is to begin to outline a feldspar resource that would be of interest to re-establish a mining operation. Since the deposit location and geometry are extremely favorable, open pit extraction is natural and easy; even accessing only the near surface zones down to the water table at about 20 – 25 m depth would provide a very substantial multi year resource. This scenario would generate the lowest cost operating window and could likely sustain production for many years into the future. Therefore the Company has chosen only to drill down about 25 meters in this phase, to save time and complete the work at lower cost, leaving it open to depth for a more distant extraction potentially decades from now.

Phase 1 (sampling, trenching, drilling, ..) has a budget in the range of $350,000. A more extensive drilling program will follow up during Phase 2, which is expected to be in the spring and early summer of 2018. This phase has a budget in the range of $650,000.

Significant Potential Value For Johan Beetz Property

The Johan Beetz property is situated along a relatively remote coastline on the north shore of the St. Lawrence River on tidewater. From the perspective of a potential mine development, this is ideal, as the property affords immediate nearby access with a deep water wharf structure (already constructed and used in the 1950’s but now in need of some refurbishment – a relatively simple exercise) to enable shipping in large ocean-going vessels. However the property itself is far enough removed from local communities or other economic interests such that a mine development will not interfere with its neighbors. Whale populations in the area will deserve recognition and require some modest caution in scheduling shipments, likely only resulting in modest curtailment in only two months of the year

Conversely, the increased employment potential and spinoff economic opportunities from an ongoing mining operation in this region would create desirable benefits for the local communities.

Maintaining a positive relationship with its neighbors is very important to EnerSpar Corp. The Company has already initiated preliminary consultations with the local stakeholders that could be affected by future development plans, and received expressions of support from the Mayor of the local municipality along with representatives of the closest First Nations group about 50 km distant, the Natashquan.

For shareholders, the longer term potential of the Johan Beetz project comes down to the opportunity to maximize the value of this property. One option will be to consider the outright sale of the property once a compliant NI 43-101 resource estimate has been defined. A robust resource estimate and positive metallurgical performance testing will increase the potential to attract buyers that are interested in the actual development of the project. The appeal of this project is further enhanced by its location in mining-friendly Quebec, which is rated among the top jurisdictions in the world to operate a mine.

Vending the project to another company would generate an immediate gain for shareholders. The property was acquired on very reasonable terms, including a payment of $100,000 in cash, plus a further $100,000 represented by the issuance of 2 million shares. A suitable development candidate would have to pay many times what it cost EnerSpar to acquire the project and complete a resource estimate.

However, the Company may also opt to advance mine development through to production on its own. This could realize greater gains for shareholders over a longer term, but it would also create challenges to secure capital funding for the development, and acquire the team with operational skills to run a mine. These are good problems to have though.

There are certainly attractive value options available, pending the completion of a positive resource estimate to validate the historic data, and allow serious consideration of a potential mine plan.

Conclusion

EnerSpar Corp currently trades at bargain levels, with a market capitalization below $2 million. This represents a fraction of the value that could be established for its flagship asset, the Johan Beetz property. It should be an uncomplicated process for the Company to complete exploration work necessary for calculation of a compliant resource estimate. The entire program can be completed at a modest cost base.

The potassic and sodic feldspars which have been outlined in the deposit are of limited availability worldwide, and demand for these resources is anticipated to increase along with increased production of solar panels, tempered glass, and other industrial products that consume these higher value feldspars. The presence of mica in the pegmatites comprising the resource could be of additional economic value, are expected to be easily separable by a simple flotation process and have not been contemplated in any consideration of value, just remaining as an “upside enhancement”.

The reporting of positive channel sampling results is often a catalyst for a higher share price. Moreover, the upcoming work programs will enable the completion of the compliant NI 43-101 resource estimate (projected for full completion late 2018 but with the possibility of early partial validation of the historic non-compliant resource as early as this coming winter), which is also critical to advance the project and build the confidence in the resource data. This too should support a higher share value.

Over the longer term, the Company is advancing along the path that could deliver a significant upgrade in asset value for shareholders, either by facilitating the sale of the project, or development to an operating mine that can produce a high value commodity. Recommendation: Buy

Smallcaps.us Advice: Buy Price Target: $0.13 Latest Company Report (pdf)
For important disclosures, please read our disclaimer.

[WilliamTell]

The Prospector News

von Jack erhalten.....

Gruss William

http://theprospectornews.com/wp-content/uploads/2017/11/2017…

[Fels33]

Antwort auf Beitrag Nr.: 56.255.363 von Fels33 am 23.11.17 11:48:47

Man sieht ja zu welch`lächerlichen Preisen diese Royalities gehandelt werden. Endeavour, einer der größten afrikanischen Produzenten, ist bereit, so mir nichts Dir nichts Maverix 13,5 Millionen USD für eine fast fertige Mine zu zahlen. Die Produzenten pfeiffen aus dem letzten Loch, sie brauchen Geld! Wie lächerlich werden erst die Preise für Royalities bei jenen Projekten sein, die noch eine Anlaufzeit von 3-5 Jahren haben. Die gibt`s geschenkt! Und stattdessen versucht man die Royalities über Bohren zu erwerben, das einem deutlich mehr kostet. Was hier vorliegt, ist: Betriebsblindheit. Man ackert vor sich hin, wie man`s gewohnt ist, und sieht nicht in welchem Zustand der Markt ist.....

PS: Fairerweise muß man sagen, dass diese Startegie in der Vergangenheit ja aufgegangen ist. Globex hat nun viele Royalities in Aussicht, für die sie summasummarum vielleicht 20 Millionen CAD ausgegeben haben. Ein tolles Geschäft! Aber nun hat sich der Markt gedreht, und er verlangt, dass man sich selbst dreht.....

LG
Fels

[WilliamTell]

Devil's Pike Goldprojekt

Damit die Beschreibung hier nicht untergeht, habe ich sie im Nebenthread "Globex Mining - Alles rund um die wichtigen Projekte" als Beitrag Nr. 67 reingestellt.

Gruss William

[Fels33]

Antwort auf Beitrag Nr.: 56.255.147 von WilliamTell am 23.11.17 11:30:47

Ja, Globex ist massiv unterbewertet, das ist Tatsache. Sie sind aber z.T. auch selber schuld, weil sie:

(a) Zu lange mit der Monetarisierung zögern
(b) Bohren, wo man nicht bohren braucht, und
(c) auf jeden Hype verzichten.

(c) muß man Globex hoch anrechnen, weil solcherart ein "gesundes" Umfeld entsteht. (a) und (b) sind ärgerlich, als ob Globex selbst den Unternehmenswert nicht bloßlegen möchte. Für 5 Millionen CAD bekommt eine tolle Royaliy in diesem ausgebombten Markt. Wozu 5 Millionen selbst verbohren?

PS: Aber gut, ich respektiere das. Man kann es sowieso nicht ändern....

LG
Alfred

[WilliamTell]

Antwort auf Beitrag Nr.: 56.254.295 von Fels33 am 23.11.17 10:30:58

Gute Analyse!

Bei Duquesne und Wood-Pandora erwarte ich im Gegensatz zu MTZM noch mindestens je 10 Mio in Form von Cash und Aktien.

Gruss William

[Fels33]

Antwort auf Beitrag Nr.: 56.249.852 von WilliamTell am 22.11.17 19:33:44

Hallo William

https://www.juniorminingnetwork.com/junior-miner-news/press-…

Interessante Meldung, die es erlaubt mal einen anderen Blick auf die Bewertung von Globex zu werfen. Maverix zahlt für eine Royality, die mit hoher Wahrscheinlichkeit im nächsten Jahr greift, die in einem rechtlich unsicheren Umfeld liegt, in etwa 12 Jahre läuft und ca. 26000 Unzen Gold (ca. 33,5 Millionen USD) abwirft 20 Millionen USD, also ca. 60% des Endwerts.

Globex hat eine aktive Royality von Nyrstar, die wir, über die gesamte Laufzeit betrachtet, bereits mal auf ca. 25 Millionen CAD geschätzt haben. Sie liegt in einer sicheren Jurisdikation, ist bereits aktiv, hat aber einen Cap bei einem Zinkpreis von 0,9 USD. Summasummarum sollte man daher auch einen Abzug von 40% veranschlagen, wenn man sie als Barwert kalkuliert. Ergibt für die Royality ca. einen Wert von 15 Millionen CAD.

Dann hat Globex eine gute Chance auf eine Royality von Authier, die wir über die gesamte Laufzeit ähnlich hoch veranschlagt haben als die Nyrstar-Royality (ca. 25 Millionen CAD). Da sie aber zeitlich noch weit entfernt ist, kann man sie, wenn man den Barwert kalkuliert, höchstens mit 30% des Endwerts kalkulieren. Ergibt dann 7,5 Millionen CAD. Damit sind wir, alleine aufgrund dieser beiden Royalities schon bei der Marktkapitalisierung von Globex angelangt.

Dann kommt noch Duquesne und Pandora Wood dazu, die ja auch zügig in Produktion gebracht werden könnten. William erhofft sich für Duquesne 2% Royality auf 500.000 Unzen (Anteil von Globex), was einer Einnahme von in etwa 15 Millionen CAD entsprechen würde. Als Barwert kalkuliert, und wieder 30% des Endwerts unterstellt, wären das 5 Millionen CAD. Ohne es zu wissen, setzte ich Pandora Wood in etwa auf die gleiche Höhe an.

Das zeigt, dass schon wenige Assets von Globex die aktuelle Marktkapitalisierung deutlich übersteigen. Allerdings erlaubt sich Globex das "Verbohren" von 13 Millionen CAD über 10 Jahre, was vom obigen Wert (32,5 Millionen CAD) abzuziehen wäre, weil ja die anderen Royality-Unternehmen schlauer sind und nichts verbohren. William weist aber zu Recht daraufhin, dass aus diesem "Sinnlos-Bohren" wieder Royalities und Optionseinnahmen entstehen können, sodass man mit etwas Nachsicht die 13 Millionen CAD von der Marktkapitalisierung nicht abzuziehen braucht....

LG
Fels