Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Junior: Emerging Mid-tier Producer
Rating & Risk: Login to view
Avocet Mining Plc
www: www.avocet.co.uk     email: ir@avocetmining.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
LON:AVM GBX

Description

Avocet Mining Plc are a gold focused junior, emerging mid-tier producer with one producing mine in Burkina Faso and one exploration property. Currently they produce roughly 75koz. of gold per year. They have approximately 4Moz. of gold in the reserves and resources category of which 2Moz. are in the measured and indicated category. They have a market capitalisation of ~$1.72M which is a fall of roughly 77% over the last fifteen months. As of 09/09/2017 they have ~$60M debt and ~$1M cash. They have 21M shares outstanding and trade on the London Stock Exchange.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 09/09/2017
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $7.44M $1.72M 09/09/2017 $-5.72M
Total Assets: $49.00M $49.00M 09/09/2017 $0.00M
Total Liabilities: $108.00M $108.00M 09/09/2017 $0.00M
Current Assets: $20.00M $20.00M 09/09/2017 $0.00M
Current Liabilities: $88.00M $88.00M 09/09/2017 $0.00M
Total Debt: $60.00M $60.00M 09/09/2017 $0.00M
Cash: $1.00M $1.00M 09/09/2017 $0.00M
Enterprise Value: $66.44M $60.72M 12/04/1971 $-5.72M
Cash Flow: $-0.22M $-5.87M never $-5.66M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 09/09/2017 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 09/09/2017 0.00%
Misc 09/09/2017
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 21,000,000 21,000,000 09/09/2017 0
Shares (FD): 22,000,000 22,000,000 09/09/2017 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 09/09/2017 n/a
Production (Gold Eq Oz.): (guess) 
75,000
(guess) 
75,000
09/09/2017 0
Production (Silver Eq Oz.): (guess) 
5,626,672
(guess) 
6,386,348
09/09/2017 759,676
Initial CapEx (Outstanding): n/a n/a 09/09/2017 n/a
Funding Option: n/a n/a 09/09/2017 n/a
Documentation: none PRODUCER 09/09/2017 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 09/09/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 0.35M 0.35M 09/09/2017 0.00M
Measured & Indicated: 2.00M 2.00M 09/09/2017 0.00M
Inferred: 2.00M 2.00M 09/09/2017 0.00M
Reserves & Resources: 4.00M 4.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.30M 0.30M 09/09/2017 0.00M
Measured & Indicated: 1.42M 1.42M 09/09/2017 0.00M
Inferred: 0.85M 0.85M 09/09/2017 0.00M
Reserves & Resources: 2.27M 2.27M never 0.00M
C
U
R
R
E
N
T
Annual Production: (guess) 
75,000oz.
(CG) 
75,000oz.
09/09/2017 0oz.
Cash Cost: $950 $950 09/09/2017 $0.00
Extra Operating Cost: $400 $400 09/09/2017 $0.00
Average Grade: 1.30 g/t 1.30 g/t 09/09/2017 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 09/09/2017 0.00%
F
U
T
U
R
E
Proven & Probable: 2.00M 2.00M 09/09/2017 0.00M
Annual Production: 100,000oz. 100,000oz. 09/09/2017 0oz.
Cash Cost: $950 $950 09/09/2017 $0
Extra Operating Cost: $400 $400 09/09/2017 $0
SILVER 09/09/2017
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 09/09/2017 0.00M
Measured & Indicated: n/a n/a 09/09/2017 0.00M
Inferred: n/a n/a 09/09/2017 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 09/09/2017 0.00M
Measured & Indicated: n/a n/a 09/09/2017 0.00M
Inferred: n/a n/a 09/09/2017 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 09/09/2017 $0.00
Extra Operating Cost: n/a n/a 09/09/2017 $0.00
Average Grade: n/a n/a 09/09/2017 n/a
Recovery Rate: n/a n/a 09/09/2017 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 09/09/2017 0.00M
Annual Production: n/a n/a 09/09/2017 n/a
Cash Cost: n/a n/a 09/09/2017 n/a
Extra Operating Cost: n/a n/a 09/09/2017 n/a

Property

Last Analysis Data  (09/09/2017)
Stage Location Name Owned Type Au Ag Cu Notes
Production West Africa, Burkina Faso Inata 100% (guess) Both show
4 million oz deposit.

80,000 oz of annual production.

High cash costs.
Exploration West Africa, Guinea Tri-K 30% (guess) Both show
3 million oz deposit.

Hope to begin construction in 2016, but need financing.

500,000 surface gold and 2.5 underground.

30% JV
Current Data
Stage Location Name Owned Type Au Ag Cu Notes
Production West Africa, Burkina Faso Inata 100% (guess) Both show
4 million oz deposit.

80,000 oz of annual production.

High cash costs.
Exploration West Africa, Guinea Tri-K 30% (guess) Both show
3 million oz deposit.

Hope to begin construction in 2016, but need financing.

500,000 surface gold and 2.5 underground.

30% JV

Profitability (by resource)

Proven &
Probable
09/09/2017
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.): 0.35M 0.35M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 3.55M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.30M 0.30M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.01M
Maximum Profit (Gold): $-0.85M $-23.30M n/a $-22.45M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $-0.85M $-23.30M n/a $-22.45M
Max Profit / Current MCap: n/a n/a n/a -13.437
Max Profit Per Share (Gold): $-0.04 $-1.06 n/a $-1.02
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $-0.04 $-1.06 n/a $-1.02
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $25.01 $5.78 n/a $-19.23
FD Mkt. Cap / Silver Eq.: $0.33 $0.07 n/a $-0.27
FD Mkt. Cap / Per Metal
as % Spot Price:
1.86% 0.47% n/a -1.39%
Measured &
Indicated
09/09/2017
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.): 2.00M 2.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 20.26M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.42M 1.42M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 14.38M
Maximum Profit (Gold): $-4.07M $-111.19M n/a $-107.12M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $-4.07M $-111.19M n/a $-107.12M
Max Profit / Current MCap: n/a n/a n/a -64.114
Max Profit Per Share (Gold): $-0.19 $-5.05 n/a $-4.87
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $-0.19 $-5.05 n/a $-4.87
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $5.24 $1.21 n/a $-4.03
FD Mkt. Cap / Silver Eq.: $0.07 $0.01 n/a $-0.06
FD Mkt. Cap / Per Metal
as % Spot Price:
0.39% 0.10% n/a -0.29%

Reserves &
Resources
09/09/2017
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.): 4.00M 4.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 40.52M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 2.27M 2.27M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 22.99M
Maximum Profit (Gold): $-6.51M $-177.77M n/a $-171.26M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $-6.51M $-177.77M n/a $-171.26M
Max Profit / Current MCap: n/a n/a n/a -102.505
Max Profit Per Share (Gold): $-0.30 $-8.08 n/a $-7.78
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $-0.30 $-8.08 n/a $-7.78
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $3.28 $0.76 n/a $-2.52
FD Mkt. Cap / Silver Eq.: $0.04 $0.01 n/a $-0.03
FD Mkt. Cap / Per Metal
as % Spot Price:
0.24% 0.06% n/a -0.18%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.