Investor Presentaiton
Opportunity to Re-Rate
Target Acquisition Period
Known as the "orphan period"
value falls after initial excitement as
proven
require
discoveries
specialized expertise to execute on
project development, as well as
large amounts of capital for
construction.
Company Value
Tocantinzinho
Acquisition
at 0.28x P/NAV
GMINING
VENTURES
"Sweet Spot❞
Where GMIN sits
Value begins to rise as the
project is de-risked through
construction.
Value continues to increase
as mine opens and analysts
re-rate the deposit, bringing
more institutional and retail
investor interest.
Exploration
Resource
Estimate
Scoping/
Feasibility
Development
Ramp
Up
Production
Note: Acquisition of Tocantinzinho at time of closing, using figures from 2019 FS, at 0.28x P/NAV= $115 million (undiscounted) / NPV5% of $409 million ($1,500/oz Au 1 $4.00 USD:BRL).
TSXV:GMIN 18View entire presentation