Soo... using Generation Mining data (open pit). Estimated Net...

Soo... using Generation Mining data (open pit).

Estimated Net Profit = ~US$8.05 billion,1. Metal Resource and Market Prices (approx. as of 2025):

	Metal	Quantity	Price (US$)	Total Value (US$)
1	Palladium (3E)	17 Moz (assumed mostly Pd)	$1,000/oz	$17 billion
2	Nickel	960,000 tonnes	$18,000/t	$17.28 billion
3	Copper	540,000 tonnes	$8,500/t	$4.59 billion
4	Cobalt	96,000 tonnes	$35,000/t	$3.36 billion

→ Total Gross Revenue (if all extracted and sold):
$42.23 billion USD

2. Convert all metal units into Palladium Equivalent (PdEq oz)

To use the cost of US$809/oz PdEq, we need to estimate the total PdEq ounces:

• Assume prices:

  • Pd = $1,000/oz

  • Ni = $18,000/t = $18/kg

  • Cu = $8,500/t = $8.5/kg

  • Co = $35,000/t = $35/kg

Convert each metal’s value into Pd equivalent ounces:

• 17Moz Pd = 17,000,000 oz PdEq

• Ni: $17.28B ÷ $1,000/oz = 17.28M oz PdEq

• Cu: $4.59B ÷ $1,000/oz = 4.59M oz PdEq

• Co: $3.36B ÷ $1,000/oz = 3.36M oz PdEq

Total PdEq ounces = 42.23M oz PdEq

3. Total Cost of Production

If AISC is US$809/oz PdEq:

→ Total cost = 42.23M oz × $809 = $34.18 billion USD

4. Net Profit Estimate

→ Net Profit = Revenue – Cost
→ $42.23B – $34.18B = $8.05 billion USD

Estimated Net Profit = ~US$8.05 billion,

To estimate the Net Present Value (NPV) of Chalice’s Gonneville Project at a 5% discount rate, we’ll use a simplified cash flow model based on your previous data:

	Item	Value
1	Total Net Profit (undiscounted)	US$8.05 billion (from earlier calc)
2	Mine Life	20 years (assumed – bulk open-pit)
3	Discount Rate	5%
4	Production Ramp-up	Even revenue and cost across life (for simplicity)

NPV=Annual Net Cash Flow×(r1−(1+r)−n)

Where:

• Annual Net Cash Flow = $8.05B ÷ 20 = $402.5 million/year

• r = 0.05 (5% discount rate)

• n = 20 years

NPV≈$5.01 billion USD
source: ChatGPT: OpenAI. (2025). GPT-4.5 (Feb 27 version) [Large language model]. https://chat.openai.com/

So in other words, 10x market cap if they can manage to finance it.