OreCorp DFS had a Pre-tax NPV5% of US$926M and IRR of 31%;...

OreCorp DFS had a Pre-tax NPV5% of US$926M and IRR of 31%; post-tax NPV5% of US$618M and IRR of 25% based on a US$1,750/oz gold price

They've sold out at $270m. say 1/4 of pre-tax NPV or 1/2 of post-tax NPV

our last scoping study came back with o Net Present Value (NPV5%) of US$654M (~ A$981M) pre-taxo Internal Rate of Return (IRR) of 53% pre-tax using a gold price of US$1,800/oz

Alaska may be better than Tanzania but Nyanzaga is close to existing Barrick & Anglo operations with more accessible infrastructure.

Hopefully our upcoming MRE will add more meaningful RPM ounces allow to push the PFS NPV towards $1.5bn

This should warrant a market cap in the vicinity of $375m (based on the OreCorp T/O), reflecting a share price of $1.75.

Keep in mind ORR traded as high as 90c in early 2021. So the reality is we may never exceed our previous share price peak but there is a very strong possibility of returning withing a $1.25 to $1.75 range within the next 6 months as updated MRE and PFS works support/improve previous scoping study.