First stage of development for Brightstar:
Jasper Hills (Ann - 25/3/2024)
141,958 ozs over 4 years.
Average 35k ozs per year.
$12m startup costs.
NPV - $99m
All in Sustaining Costs - $1972 per oz.
Project free cashflow - $119m (at A$3000 per oz, well below current price). $156m at $3300 per oz.
Rapid startup likely, with mining approvals at all deposits.
Subsequent announcement 10th July regarding progressing to Definitive Feasibility, will include production from Cork Tree Well open pit deposit (current resource of 303k oz, but with upgrade likely since successful drilling campaign).
Very profitable start likely at Brightstar's 1.5m+ oz prospects
First stage of development for Brightstar: Jasper Hills (Ann -...
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Mkt cap ! $248.6M | |||
| Open | High | Low | Value | Volume |
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