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African Gold Group Inc.

www: www.africangoldgroup.com   email: info@africangoldgroup.com
Category: Junior: Late Stage Developer
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Symbol Data

Symbol Currency
CVE:AGG CAD
OTCMKTS:AGGFF USD

Description

African Gold Group Inc. are a gold focused junior, late stage development company with one exploration property in Mali. They have approximately 2.4Moz. of gold in the reserves and resources category of which 1.2Moz. are in the measured and indicated category. They have a market capitalisation of ~$31.39M which is a fall of roughly 29% over the last ten months. As of 08/15/2020 they have no debt and ~$10M cash. They have 149M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 08/15/2020
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $44.18M $31.39M 08/15/2020 $-12.80M
Total Assets: $20.00M $20.00M 08/15/2020 $0.00M
Total Liabilities: $1.95M $1.95M 08/15/2020 $0.00M
Current Assets: $10.00M $10.00M 08/15/2020 $0.00M
Current Liabilities: $1.95M $1.95M 08/15/2020 $0.00M
Total Debt: $0.00M $0.00M 08/15/2020 $0.00M
Cash: $10.00M $10.00M 08/15/2020 $0.00M
Enterprise Value: $34.18M $21.39M 09/05/1970 $-12.80M
Cash Flow: $0.00M $0.00M never $0.00M
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: 08/15/2020 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 08/15/2020 0.00%
Misc 08/15/2020
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 148,900,000 148,900,000 08/15/2020 0
Shares (FD): 225,000,000 225,000,000 08/15/2020 0
Insider Ownership: n/a 40% 12/14/2020 40%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2022 08/15/2020 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
08/15/2020 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
08/15/2020 0
Initial CapEx (Outstanding): $136.00M
307.82% of Mkt.Cap
$136.00M
433.32% of Mkt.Cap
08/15/2020 $0.00M
Funding Option: n/a n/a 08/15/2020 n/a
Documentation: none FS 12/14/2020 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 08/15/2020
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 0.75M 0.75M 08/15/2020 0.00M
Measured & Indicated: 1.20M 1.20M 08/15/2020 0.00M
Inferred: 1.20M 1.20M 08/15/2020 0.00M
Reserves & Resources: 2.40M 2.40M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.60M 0.60M 08/15/2020 0.00M
Measured & Indicated: 0.89M 0.89M 08/15/2020 0.00M
Inferred: 0.48M 0.48M 08/15/2020 0.00M
Reserves & Resources: 1.37M 1.37M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 08/15/2020 $0.00
Extra Operating Cost: n/a n/a 08/15/2020 $0.00
Average Grade: 1.10 g/t 1.10 g/t 08/15/2020 n/a
Recovery Rate: (CG)  80.00% (CG)  80.00% 12/14/2020 0.00%
F
U
T
U
R
E
Proven & Probable: 1.50M 1.50M 08/15/2020 0.00M
Annual Production: 100,000oz. 100,000oz. 08/15/2020 0oz.
Cash Cost: $700 $700 08/15/2020 $0
Extra Operating Cost: $400 $400 08/15/2020 $0
SILVER 08/15/2020
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 08/15/2020 0.00M
Measured & Indicated: n/a n/a 08/15/2020 0.00M
Inferred: n/a n/a 08/15/2020 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 08/15/2020 0.00M
Measured & Indicated: n/a n/a 08/15/2020 0.00M
Inferred: n/a n/a 08/15/2020 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 08/15/2020 $0.00
Extra Operating Cost: n/a n/a 08/15/2020 $0.00
Average Grade: n/a n/a 08/15/2020 n/a
Recovery Rate: n/a n/a 08/15/2020 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 08/15/2020 0.00M
Annual Production: n/a n/a 08/15/2020 n/a
Cash Cost: n/a n/a 08/15/2020 n/a
Extra Operating Cost: n/a n/a 08/15/2020 n/a

Property

Last Analysis Data  (08/15/2020)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Kangaba Region, Mali Kobada 90% 50,000 Open Pit show
Could be a 3 or 4 million oz surface mine.

Feasibility study released in 2016
Production likely in 2018 or 2019.
Cash costs projected at $600 per oz.
Total Land Package Size (ha): 50,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Kangaba Region, Mali Kobada 90% 50,000 Open Pit show
Could be a 3 or 4 million oz surface mine.

Feasibility study released in 2016
Production likely in 2018 or 2019.
Cash costs projected at $600 per oz.
Total Land Package Size (ha): 50,000  

Profitability (by resource)

Proven &
Probable
08/15/2020
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.): 0.75M 0.75M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -5.02M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.60M 0.60M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -4.01M
Maximum Profit (Gold): $355.11M $301.64M n/a $-53.47M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $355.11M $301.64M n/a $-53.47M
Max Profit / Current MCap: 8.038 9.611 n/a 1.573
Max Profit Per Share (Gold): $1.58 $1.34 n/a $-0.24
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.58 $1.34 n/a $-0.24
Total Free Profit Per Share: $1.32 $1.17 n/a $-0.15
FD Mkt. Cap / Gold Eq.: $73.64 $52.31 n/a $-21.33
FD Mkt. Cap / Silver Eq.: $1.00 $0.78 n/a $-0.22
FD Mkt. Cap / Per Metal
as % Spot Price:
3.78% 2.88% n/a -0.91%
Measured &
Indicated
08/15/2020
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.): 1.20M 1.20M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -8.03M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.89M 0.89M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -5.94M
Maximum Profit (Gold): $525.56M $446.43M n/a $-79.13M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $525.56M $446.43M n/a $-79.13M
Max Profit / Current MCap: 11.896 14.224 n/a 2.329
Max Profit Per Share (Gold): $2.34 $1.98 n/a $-0.35
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.34 $1.98 n/a $-0.35
Total Free Profit Per Share: $2.08 $1.81 n/a $-0.26
FD Mkt. Cap / Gold Eq.: $49.75 $35.34 n/a $-14.41
FD Mkt. Cap / Silver Eq.: $0.68 $0.53 n/a $-0.15
FD Mkt. Cap / Per Metal
as % Spot Price:
2.56% 1.94% n/a -0.61%

Reserves &
Resources
08/15/2020
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.): 2.40M 2.40M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -16.06M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.37M 1.37M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -9.15M
Maximum Profit (Gold): $809.65M $687.75M n/a $-121.90M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $809.65M $687.75M n/a $-121.90M
Max Profit / Current MCap: 18.326 21.913 n/a 3.587
Max Profit Per Share (Gold): $3.60 $3.06 n/a $-0.54
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.60 $3.06 n/a $-0.54
Total Free Profit Per Share: $3.34 $2.89 n/a $-0.45
FD Mkt. Cap / Gold Eq.: $32.30 $22.94 n/a $-9.35
FD Mkt. Cap / Silver Eq.: $0.44 $0.34 n/a $-0.10
FD Mkt. Cap / Per Metal
as % Spot Price:
1.66% 1.26% n/a -0.40%

Future Valuation (Cash Flow & Totals)

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