So if we currently have around 50 000 ounces of gold production 10% 5000 ounces
5000 x $2500 x 20 years
250 mil
A 200mil investment returning 25% return over 20 years not compounding though but royalty would be getting the cash back each year to reinvest for the compounding
upside The current PFS only uses 502 mil tonnes of ore at CF and this could increase before and after production starts. the price of gold already higher on spot and could go higher.
downside gold price could go lower over 20 years
would this not be atractive? your thoughts?
HCH Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
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