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Craig Jones our New CEO, page-23

  1. 5,434 Posts.
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    Re the Windarra gold project....
    " The economic analysis indicated a robust project with an NPV of circa $20 million and IRR of 45-50% depending on the mining method assuming a gold price of US$1,750/oz and an exchange rate of A$1.00 = US$0.75."
    a modular 1.5Mtpa processing plant to recover up to 55koz of gold over a 45-month period."


    The previous Heads of Agreement with Green Gold Projects was shocking, selling 92% of the project for $1.25m.
 
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