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Minerals 260 (MI6) 2025 Conference Transcript
2025-08-05 02:05
Minerals 260 (MI6) 2025 Conference August 04, 2025 09:05 PM ET Speaker0Good morning. Thank you for the introduction, and thank you for staying to listen. I am Luke McFadden, and welcome to Dickers and Dealers, and this is Minerals two sixty's presentation. Minerals two sixty is only about three years old, so we're a relatively new company. We were spun out of Linetown, which is the connection to Tim Goyder.And twelve months ago, we were a $30,000,000 greenfields exploration company. And after spending the m ...
Theta Gold Mines (3LM) Earnings Call Presentation
2025-07-21 22:00
Project Overview - Theta Gold Mines is an emerging gold producer focused on restarting historical underground operations at the Transvaal Gold Mining Estates (TGME) project in South Africa[13, 14] - The TGME project has a large high-grade resource base, with over 6.1Moz in total JORC gold resources across a well-established goldfield[13, 14, 22] - The project is permitted and development-ready, with key mining rights secured and infrastructure in place to support scalable, low-cost operations[13] - Key project metrics (2022 FS @ US$1,642/oz gold price): 12.9yr life, 1.1Moz production, US$324 million NPV 10% and 65% IRR (pre-tax), US$77 million peak funding requirement[13] Financials and Funding - The project delivers a US$219 million NPV 10% (post-tax) at spot gold prices[21] - The company has secured a US$35 million loan facility from IDC[13, 24] - Peak Stage 1 funding requirement is US$77 million[24] Production and Resources - Targeting 1.1Moz over 12.9 years, producing 90-100koz p.a at a 5.95g/t head grade[21, 53, 85] - The total Mineral Resources are 6.1Moz at 4.17g/t Au[22] - The company aims to build up to >160,000oz/A Au Production Profile Within 5 Years[68] Shareholding - Top 10 shareholders hold 70% of the company[16, 19] - Directors and Management hold 5% equity ownership[13, 16, 19]