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Category: Mid-tier Producer
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Oceanagold Corp.
www: www.oceanagold.com     email: info@oceanagold.com

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Notes
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Your Data

Symbol Data

Symbol Currency
OTCMKTS:OCANF USD
TSE:OGC CAD

Description

Oceanagold Corp. are a gold focused mid-tier producer with four producing mines in New Zealand and Philippines, two mines in development in El Salvador and USA and exploration properties. Currently they produce roughly 525koz. of gold per year. They have approximately 13Moz. of gold in the reserves and resources category of which 10Moz. are in the measured and indicated category. They have a market capitalisation of ~$1825.18M which is a fall of roughly 1% over the last one months. As of 07/07/2018 they have ~$235M debt and ~$89M cash. They have 617M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

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General Details

Financial 07/07/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $1,834.97M $1,825.18M 07/07/2018 $-9.79M
Total Assets: $2,000.00M $2,000.00M 07/07/2018 $0.00M
Total Liabilities: $540.00M $540.00M 07/07/2018 $0.00M
Current Assets: $278.00M $278.00M 07/07/2018 $0.00M
Current Liabilities: $214.00M $214.00M 07/07/2018 $0.00M
Total Debt: $235.00M $235.00M 07/07/2018 $0.00M
Cash: $89.00M $89.00M 07/07/2018 $0.00M
Enterprise Value: $1,980.97M $1,971.18M 06/18/2032 $-9.79M
Cash Flow: $130.28M $104.59M never $-25.69M
Cash Flow Multiple: 14.08 17.45 never 3.37
Net Debt to
Cash Flow Ratio:
1.12 1.40 never 0.28
Finance within 1 year: 07/07/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 07/07/2018 0.00%
Misc 07/07/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 617,000,000 617,000,000 07/07/2018 0
Shares (FD): 628,000,000 628,000,000 07/07/2018 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 07/07/2018 n/a
Production (Gold Eq Oz.): (guess) 
525,000
(guess) 
525,000
07/07/2018 0
Production (Silver Eq Oz.): (guess) 
41,137,570
(guess) 
42,135,163
07/07/2018 997,592
Initial CapEx (Outstanding): n/a n/a 07/07/2018 n/a
Funding Option: n/a n/a 07/07/2018 n/a
Documentation: none PRODUCER 07/07/2018 n/a
Value Adjustment: 25% 25% never 0%

Resource Data

GOLD 07/07/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 5.00M 5.00M 07/07/2018 0.00M
Measured & Indicated: 10.00M 10.00M 07/07/2018 0.00M
Inferred: 3.00M 3.00M 07/07/2018 0.00M
Reserves & Resources: 13.00M 13.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 4.25M 4.25M 07/07/2018 0.00M
Measured & Indicated: 7.65M 7.65M 07/07/2018 0.00M
Inferred: 1.28M 1.28M 07/07/2018 0.00M
Reserves & Resources: 8.93M 8.93M never 0.00M
C
U
R
R
E
N
T
Annual Production: (guess) 
525,000oz.
(guess) 
525,000oz.
07/07/2018 0oz.
Cash Cost: $500 $500 07/07/2018 $0.00
Extra Operating Cost: $400 $400 07/07/2018 $0.00
Average Grade: 1.20 g/t 1.20 g/t 07/07/2018 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 07/07/2018 0.00%
F
U
T
U
R
E
Proven & Probable: 11.00M 11.00M 07/07/2018 0.00M
Annual Production: 550,000oz. 550,000oz. 07/07/2018 0oz.
Cash Cost: $550 $550 07/07/2018 $0
Extra Operating Cost: $400 $400 07/07/2018 $0
SILVER 07/07/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 07/07/2018 0.00M
Measured & Indicated: n/a n/a 07/07/2018 0.00M
Inferred: n/a n/a 07/07/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 07/07/2018 0.00M
Measured & Indicated: n/a n/a 07/07/2018 0.00M
Inferred: n/a n/a 07/07/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/07/2018 $0.00
Extra Operating Cost: n/a n/a 07/07/2018 $0.00
Average Grade: n/a n/a 07/07/2018 n/a
Recovery Rate: n/a n/a 07/07/2018 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 07/07/2018 0.00M
Annual Production: n/a n/a 07/07/2018 n/a
Cash Cost: n/a n/a 07/07/2018 n/a
Extra Operating Cost: n/a n/a 07/07/2018 n/a

Property

Last Analysis Data  (07/07/2018)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production New Zealand Frasers 100% (guess) n/a Underground show
Producing underground mine.
Production New Zealand Macraes 100% n/a Open Pit show
Producing mine.
Production Reefton, New Zealand Reefton 100% n/a Open Pit show
Producing mine.
Production Northern Luzon, Philippines Didipio 100% n/a Both show
Producing open pit.
Development San Salvador, El Salvador El Dorado 100% 1 Open Pit show
1.7 million oz deposit (10 gpt). They have been trying to get a mining permit for several. They are currently in arbitration. We should find out in 2013.
Development Kershaw, South Karolina, USA Haile 100% 4,500 Open Pit show
Close to getting final permit and financing. Construction should begin in 2015.
Exploration Nsw, Australia Junction Reefs JV 18% n/a n/a n/a
Exploration New Zealand Sams Creek 100% n/a n/a n/a
Exploration Philippines Claveria 100% n/a n/a n/a
Exploration Philippines Manhulayan 100% n/a n/a n/a
Exploration Philippines Mayag 100% n/a n/a n/a
Exploration Philippines Paco 100% n/a n/a n/a
Exploration San Salvador, El Salvador Santa Rita 100% n/a n/a n/a
Exploration San Salvador, El Salvador Zamora 0% n/a n/a n/a
Exploration Nevada, USA Hog Ranch 0% n/a n/a n/a
Total Land Package Size (ha): 4,501  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production New Zealand Frasers 100% (guess) n/a Underground show
Producing underground mine.
Production New Zealand Macraes 100% n/a Open Pit show
Producing mine.
Production Reefton, New Zealand Reefton 100% n/a Open Pit show
Producing mine.
Production Northern Luzon, Philippines Didipio 100% n/a Both show
Producing open pit.
Development San Salvador, El Salvador El Dorado 100% 1 Open Pit show
1.7 million oz deposit (10 gpt). They have been trying to get a mining permit for several. They are currently in arbitration. We should find out in 2013.
Development Kershaw, South Karolina, USA Haile 100% 4,500 Open Pit show
Close to getting final permit and financing. Construction should begin in 2015.
Exploration Nsw, Australia Junction Reefs JV 18% n/a n/a n/a
Exploration New Zealand Sams Creek 100% n/a n/a n/a
Exploration Philippines Claveria 100% n/a n/a n/a
Exploration Philippines Manhulayan 100% n/a n/a n/a
Exploration Philippines Mayag 100% n/a n/a n/a
Exploration Philippines Paco 100% n/a n/a n/a
Exploration San Salvador, El Salvador Santa Rita 100% n/a n/a n/a
Exploration San Salvador, El Salvador Zamora 0% n/a n/a n/a
Exploration Nevada, USA Hog Ranch 0% n/a n/a n/a
Total Land Package Size (ha): 4,501  

Profitability (by resource)

Proven &
Probable
07/07/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 5.00M 5.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 9.50M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 4.25M 4.25M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 8.08M
Maximum Profit (Gold): $1,318.30M $1,058.36M n/a $-259.94M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,318.30M $1,058.36M n/a $-259.94M
Max Profit / Current MCap: 0.718 0.580 n/a -0.139
Max Profit Per Share (Gold): $2.10 $1.69 n/a $-0.41
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.10 $1.69 n/a $-0.41
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $431.76 $429.45 n/a $-2.30
FD Mkt. Cap / Silver Eq.: $5.51 $5.35 n/a $-0.16
FD Mkt. Cap / Per Metal
as % Spot Price:
34.42% 36.25% n/a 1.84%
Measured &
Indicated
07/07/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 10.00M 10.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 19.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 7.65M 7.65M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 14.54M
Maximum Profit (Gold): $2,372.93M $1,905.04M n/a $-467.89M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,372.93M $1,905.04M n/a $-467.89M
Max Profit / Current MCap: 1.293 1.044 n/a -0.249
Max Profit Per Share (Gold): $3.78 $3.03 n/a $-0.75
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.78 $3.03 n/a $-0.75
Total Free Profit Per Share: $0.03 $0.00 n/a $-0.03
FD Mkt. Cap / Gold Eq.: $239.87 $238.59 n/a $-1.28
FD Mkt. Cap / Silver Eq.: $3.06 $2.97 n/a $-0.09
FD Mkt. Cap / Per Metal
as % Spot Price:
19.12% 20.14% n/a 1.02%

Reserves &
Resources
07/07/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 13.00M 13.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 24.70M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 8.93M 8.93M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 16.96M
Maximum Profit (Gold): $2,768.42M $2,222.55M n/a $-545.88M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,768.42M $2,222.55M n/a $-545.88M
Max Profit / Current MCap: 1.509 1.218 n/a -0.291
Max Profit Per Share (Gold): $4.41 $3.54 n/a $-0.87
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $4.41 $3.54 n/a $-0.87
Total Free Profit Per Share: $0.66 $0.00 n/a $-0.66
FD Mkt. Cap / Gold Eq.: $205.60 $204.50 n/a $-1.10
FD Mkt. Cap / Silver Eq.: $2.62 $2.55 n/a $-0.08
FD Mkt. Cap / Per Metal
as % Spot Price:
16.39% 17.26% n/a 0.87%

Future Valuation (Cash Flow & Totals)

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