Thesis Gold -- ehem. Benchmark Metals -- ehem. Crystal Exploration (Seite 116)

[Post18]

https://youtu.be/7LE-L-Cp7SU

[Amanitamuscaria]

Anmerkung

Es ist ausdrücklich mit Jim abgestimmt, dass diese Unterhaltung weitergegeben werden darf. Es sind keine Insiderinformationen enthalten und Jim würde dies auch auf Nachfrage bestätigen.

[Amanitamuscaria]

Jim 2022/08/19

FYI, my conversation with Jim : (BIG LETTERS are the answers from Jim to my questions)

Hi xxx,

My apologies, it has taken far too long for a response!

a user on ceo.ca told me that prices increased in CAN around 40% (material and energy costs); i suppose BNCH have included this increase already in the PEA; i suppose this is the reason you took POG $1735 for your PEA calculation; but silver at 21.75 is sporty ^^
WE ARE SEEING SOME COST INFLATION. BUT WE INCLUDED A LARGE CONTINGENCY IN THE PEA TO ACCOUNT FOR MORE COSTS AS WE WORK TOWARDS THE FEASIBILITY STUDY. $73 MILLION REPRESENTS A HEALTHY BUFFER FOR FUTURE COSTS.


i also suppose all
PEAs and FS made from other companies in the last 2-3 years could not hold their calculated numbers THE NUMBERS IN THE PEA ARE VERY REALISTIC AND REPRESENT CURRENT COSTS TO BUILD A MINE. WE HAVE OPPORTUNITIES TO ADD MORE OUNCES UNDERGROUND AND HAVE OPTIMIZATION OPPORTUNITIES AT THE WASTE AND TAILINGS FACILITIES TO IMPROVE AS WE WORK TOWARDS THE FEASIBILITY STUDY

from Sprott research : "Cost inflation of ~20% on both opex and capex drove a lower NPV than we forecast...." THE CONTINGENCY HELPS ALL FUTURE INCREASES AND WE WILL ADD MORE OUNCES WITHOUT THE NEED FOR MORE DRILLING

It seems that I am right in my thinking.
It always amazes me how some share holders close their eyes to reality and seem to think that BNCH would not be affected by the increase in material and energy costs. What is annoying me is the mood-mongering. MORE VALUE AND IMPROVEMENTS IS POSSIBLE AS WE MOVE TOWARDS FEASIBILITY. FOR THOSE WHO BELIEVE IN HIGHER METAL PRICES, THE ECONOMICS BECOME AMAZING AT $1800, $1900 and $2000 GOLD

does BNCH have some new analysis from partners ? i only found Sprott research SPROTT IS THE BEST NEW RESEARCH BUT MORE REPORTS ARE COMING

Well, there are a few points of concern at the moment and i forwarded you some questions from the forum.

1. Low cash level MORE CAPITAL IS AVAILABLE IF NEEDED. THE COMPANY IS ALSO EVALUATING ALTERNATIVE SOURCES OF CAPITAL INCLUDING NSR AND STREAMING TO SUPPORT A MIND BUILD

2. Open warrants at a high price compared to the share price. WE CANNOT BECOME DISTRACTED BY WARRANTS OUT OF THE MONEY. THIS IS AN EXCEPTIONAL MINE IN ONE OF THE BEST, PROVEN AND SAFE JURISDICTIONS OF THE WORLD

3. fear of massive dilution
SEE ABOVE, DILUTION CAN BE MANAGED BY ALTERNATIVE FINANCING IN THE FUTURE. IN ADDITION, THE MARKET WILL TURN AND INCREASE THE BNCH VALUE

4. no chance of a takeover due to the "low" IRR
THE IRR IS VERY GOOD FOR NEAR 170,000 AuEq OUNCE PER YEAR OVER 12 YEARS. THIS MINE WILL IMPROVE INTO FEASIBILITY. MAJOR MINERS NEED NEW OUNCES IN SAFE JURISDICTIONS. IT IS GENERAL MARKET MALAISE AFFECTING THE MARKET CAPITALIZATION AND NOT THE PROJECT ECONOMICS

5. What is Jim's assessment of the impact on a possible takeover if a find is made on, Kodah or Round mountain, but no resource can be formed?
THE COMPANY IS SEEING MORE INTEREST FROM CORPORATES SINCE THE PEA RESULTS

6. Please ask Jim how things are going on at Marmot. Is there enough money to produce another resource there?
MARMOT AND MULTIPLE OTHER TARGETS HAVE POTENTIAL FOR MORE OUNCES BUT THIS REQUIRES MORE DRILLING AND WILL NOT BE INCLUDED IN THE FEASIBILITY STUDY. THE NEW TARGETS WILL BE DRILLED AND TESTED TO SHOW LARGER RESOURCE POTENTIAL

7. does BNCH consider a share consolidation at 4:1 or 5:1 like SKE ?
NO SHARE CONSOLIDATION IS REQUIRED. FINANCIAL MARKETS WILL IMPROVE.

a personal thought from me :

We know that Thesis and BNCH operate under the Metals Group.
YES BUT THE MANAGEMENT AND BOARD OF DIRECTORS ARE COMPLETELY INDEPENDENT FOR EACH COMPANY

BNCH has now calculated the expansion of the infrastructure starting from the Centerra mine within the framework of the PEA, keyword power line 66 km. THE POWERLINE TO KEMESS MINE OFFERS CLEAN, GREEN HYDRO ELECTRIC DAM POWER AT A LOW COST. THEIR ARE OPPORTUNITIES TO LOWER THE POWERLINE COSTS INTO FEASIBILITY

BNCH bought in the past a narrow strip up to the bordering Thesis. So BNCH can build a power line directly to Thesis in a straight line. THERE ARE SYNERGIES BETWEEN THE TWO COMPANIES BUT BENCHMARK YEARS AHEAD WITH +$100 MILLION SPENT TO ACHIEVE A PEA AND FUTURE FEASIBILITY STUDY. THESIS NEEDS TO SHOW NEW DRILL RESULTS AND A FUTURE MRE

BNCH is being exploited now, so to speak, because BNCH has at least a 2-3 year head start on the development of the area. Thesis needs longer.
But synergy effects could be created here. Thesis is only 20 km away from BNCH.
DRILL RESULTS, MRE AND ENGINEERING ARE REQUIRED AT THESIS TO DEMONSTRATE SYNERGIES. BUT THESIS HAS VERY GOOD POTENTIAL. BNCH TOOK 5 YEARS TO PRODUCE A ROBUST PEA AND THIS IS TYPICALLY EXTRAORDINARILY FAST!

After 4-5 years of mining, the quality of the soil deteriorates. So you could also move mining and processing equipment to the Thesis area and then start early there.
BENCHMARK HAS 12 YEARS OF MINING AS A START. THIS COULD IMPROVE INTO FEASIBILITY AND THE COMPANY HAS NEAR 20 TARGETS TO ADD MORE OUNCES. THE SCOPE AND SCALE OF ADDITIONAL RESOURCES AT BENCHMARK IS ASTOUNDING. THESIS REPRESENTS POTENTIAL SYNERGIES BUT THIS WILL REQUIRE MORE CAPITAL AND TIME TO PROVE

(From this point Jim is answering directly) :

There’s more improvements and optimization coming.

More ounces and trimming of capex should significantly improve metrics. However the numbers are already very good for a producer at ~170,000 AuEq per annum

The dataroom provides detailed information that supports the MRE and PEA. It’s common knowledge that we have corporates learning about BNCH and performing due diligence


Q: but what interest me ...... the "data room" is not a physical room; i suppose it is a server, where people get more access if they have signed the confidentiality clauses


A: Online access to digital information. Similar to file sharing like a OneDrive

[geo80]

Antwort auf Beitrag Nr.: 72.225.795 von Goldstarter am 18.08.22 20:58:27

Zitat von Goldstarter: Naja in der selben Zeit 🤣 klar kann man im Nachhinein super Invests bringen.. warst bestimmt auch überall dabei du super Strolch.. 🤣 bist schon ein lustiger Kauz.. könnte dir noch viele viele bessere Invests bringen im Nachhinein mit 1000% und mehr 🤣 aber du bist unser Mekka und Herrscher 🤣 Geo lebe hoch 🥳

Geht nicht um nachhinein. Bench wurde hier öfter als bestes Invest in dem Sektor gepriesen.

[Immegresh]

Insider Pierce, Toby Robert hat sich 50 000 Stück gegönnt.

[m4k3r]

Cormark Securities Rating History.

Neues Kursziel: CAD 1,50 (Top Pick)

Bericht o.ä. dazu habe ich leider noch nicht gefunden.

[Goldstarter]

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