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:
NPV≈$5.01 billion USDsource: 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.
(20min delay)