Guyana Goldfields (OTCPK:GUYFF) is a Canadian gold developer currently focused on advancing its 100% owned Aurora gold project in Guyana. The company started to commission the mill plant last month with expectations of achieving first gold production in 3Q15. About $44 million in capital expenditures ("capex") remains to commercial production. We estimate Guyana Goldfields to make after-tax cash flows of $10.7 million based on the company's low-end production target of 30,000 to 50,000 ounces of gold in 2015. Read more