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| | Corporate Profile: Inter-Citic Minerals Inc
Publisher: Kaiser Research Online
Author: Copyright 2013 John A Kaiser
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Inter-Citic Minerals Inc (ICI-T)
| Inter-Citic Minerals, led by President and CEO James J. Moore and Chairman Mark R. Frederick, is focused on China, where the company's flagship Dachang gold project is located in the Qinghai province of West-Central China. Dachang is an open pit target hosting a measured and indicated resource of 12.4 million tonnes grading 3.4 grams per tonne, with an inferred resource of 1.5 million gold ounces in 14.3 million tonnes grading 3.28 grams per tonne. A July 2009 scoping study forecast gold production of approximately 1.5 million ounces during a mine life of approximately nine years, with capex of $104 million, operating costs of $404 per gold ounce, and an NPV of $241 at $800 gold using a 5% discount rate. In August 2012 the company announced it would be acquire by Western Mining Group Co. Ltd for $2.05 per share in cash, valuing the corporation at approximately $250-million. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
Inter-Citic Project Valuations
| Company | Project | Country | Stage | IPV $
MM |
$100 | UPV
$500 |
$2000 | Target Metals | Deposit Style |
| Key Company Projects |
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Inter-Citic Minerals Inc (ICI-T) | Dachang |  | China | PEA |
$300 | | |
| Gold | Sediment Hosted Veins |
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| Peer Projects |
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| Comparable Projects |
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