Hi, ITH (tsx), has 13moz and a similar market cap to us. They updated there pfs in nov and 9moz in reserves (proven extraction could be profitable). The main problem is almost $2b cappex. They have provided NPV on varying gold price. A 10% increase in gold from $1800 to $2000/oz pushes thr NPV from $400m to $1b.
i baelieve their host rock is a bit more complex to extract the gold. I'll read through the full pfs for more detail
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Hi, ITH (tsx), has 13moz and a similar market cap to us. They...
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