I see in Presentation think it was $13,300 Aud Ton for NPV, which if have it right is just about current price. Normally NPV is based at 20% or so below current price. Any comments on if that is correct and prudent? The AISC is fine.
And it says just on 3 years of operations.
With many experienced hands here, what are you guesses on the real mine life?
A Columbia gold miner GCM now ARIS has Segovia Mine, it had like 2 year mine life 5 years ago and now more than that. The gold system was so good they saved money by just drilling ahead of mining. I hope HGO is similar, that the mine life is greatly understated?
If you wonder why I post at crazy times, am in Puerto Rico, weather just fantastic this time of the year BTW.
And a crazy idea from a rusty geologist, Kat may have a lot higher gold grades below current drilling, not a rare thing.
Ann: Fremantle Conference Presentation, page-12
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