I couldn't wait any longer for the scoping study to be released....

I couldn't wait any longer for the scoping study to be released. Therefore following some great posts from @wombat777 (below).

I have had a go at creating a quick financial model on what the Korbel starter pit might look like in production.

Please note this model is only for a Korbel starter pit, it does not include mining the rest of Korbel, RPM, the Snowlake IPO, or any other investments of NVA.

Key Assumptions:

conservative 1.5:1 strip ratio

nva ownership of Korbel 70%

$1 AUD is $0.75 USD

0.45g/t ( represents the richer area's of korbel)

150koz sales per year

$250M capex funded by NVA
No silver or other minerals included

I've used prodn costs & overheads costs from the Marigold model below. Wombat once quoted NVA will be using a more modern process, therefore these are considered conservative.

Results:

DYOR, please let me know of any material mistakes I may have made. Apologies if so....

Bring on the scoping study!

PS Thanks for your valued contribution to this thread Wombat777: