AAU 25.0% 0.3¢ antilles gold limited

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  1. 13,336 Posts.
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    Got to love the fact PGI have on the Azuary project on the backburner....



    Scoping Study outcomes from 100% PGI
    Total Development Costs: US$87 million
    PGI Equity: US$27 million
    Mining Target: 4.0 million tonnes
    Project Life: 12 years
    Annual Mining Rate (after 12 months ramp up): 300,000 tonnes
    Head grade: 11g/t gold
    Average Annual After Tax Profit (Project Life): US$41.6 million
    Average Annual Cash Flow (Project Life): US$44.6 million
    NPV Project (10% discount rate, USD AUD parity): US$180.3 million
 
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