Did anyone else notice the Sensitivity table on page 71, but only for Mungari?
The results of the economic analysis and sensitivity testing have shown that the project is most sensitive to fluctuations in gold price. However, the current spot price (~$5,100/oz) is well above Mungari’s Ore Reserve price ($3,000/oz). Therefore, variability in the current gold spot price is not expected to materially impact the Ore Reserve estimate.
If you are doing NPV calculations in your model, note that Evolution is using a 7.8% real discount rate.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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