$2600 per ounce x 2 million ounces = $5.2 billion in shiny stuff.
$1400-$1800 cost per ounce for mining ( a lot of the new resource will be open pit)
900,000 recoverable ounces = EBIDTA of $720 Million to $1,080 Million
Plus value for Cascade and Circle Valley (REE + gold potential)
= Market cap of a lot more than current poultry $70 million.
This has 5 to 10 bags in it for me, should be at least $350 million mc if we have 2 million ounces of high grade shallow gold.
DYOR I made half these numbers up!
Previous Scoping study numbers below FYI
Pre-tax undiscounted free cash flow of $182M (Post-tax $131M) at
$2,400/oz gold price (~$100/oz below current spot price)
▪ The Project delivers an NPV5% of $124M and IRR of 46%
▪ EBITDA of $457M
▪ Average gold production of ~50,000oz per annum
▪ Total mine production of 4.9Mt @ 2.8g/t Au for 443,000oz
▪ 422,000oz of gold sold at AISC of $1,655/oz
▪ 8 year life of mine
▪ Processing operations run for 9 years to fully deplete stockpiles
▪ Pre-production capital requirement of $52M and payback period of 23
Months
▪ 72% of gold production is sourced from Measured and Indicated
Resources (Inferred 28%)
MEK chart, page-169
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3.4¢ |
Change
0.001(1.52%) |
Mkt cap ! $41.36M |
Open | High | Low | Value | Volume |
3.1¢ | 3.4¢ | 3.1¢ | $13.39K | 417.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 159669 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 316903 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 159669 | 0.033 |
1 | 100828 | 0.032 |
4 | 387276 | 0.031 |
2 | 899009 | 0.030 |
1 | 251000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 316903 | 3 |
0.035 | 1262757 | 5 |
0.036 | 45000 | 1 |
0.037 | 100000 | 1 |
0.038 | 303510 | 4 |
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