Lumina Gold Corp. was launched several years ago out of mining legend Ross Beaty’s vision to develop a large gold deposit that could be monetized via a sale to a major gold producer during a gold upcycle. The company is on track to fulfill Ross’ vision as it has developed a world-class, massive 17-million-ounce gold resource at its Cangrejos project in Ecuador. Ross Beaty owns nearly 20% of Lumina Gold Corp. The management team of Lumina Gold believes the company offers substantial value to gold investors, not just for its gold ounces in the ground, but also because they have the company primed for a potential takeover which could deliver a substantial premium to shareholders.
Scott Hicks is the Vice President of Corporate Development and Communications for Lumina Gold Corp. Scott was previously an investment banker working with RBC Capital Markets and BMO Capital Markets. He also served as VP Corporate Development and Communications of Anfield Gold Corp. He also currently serves as the VP Corporate Development and Communications of Luminex Resources. Over the last decade he has worked on a variety of equity, debt and advisory assignments while working in Canada and Australia. Mr. Hicks holds a Bachelor of Commerce with Honours from the University of British Columbia.
https://luminagold.com/ TSXV:LUM OTC:LMGDF
Lumina Gold Corp.’s presentation: https://luminagold.com/assets/docs/pr…
0:15 Introduction
2:15 Lumina Gold’s management team’s successful history
4:07 Overview of 17M AuOz Cangrejos project
8:42 Cangrejos’ CAPEX versus peers
10:21 Making sure Cangrejos advances towards monetization
12:09 Catalysts for 2020
13:32 Optimizing for takeover not adding ounces now
14:10 Treasury and burn rate
14:50 Share structure and owners
16:12 Ecuador as mining jurisdiction
19:02 Recent M&A activity and a future Lumina Gold takeover
20:12 Market Cap versus historic sunk costs
20:47 Addressing possible challenges
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