RE:Peer Based PEA Valuation of New Gold DiscoveriesPOG at $1800.
At that level, New Polaris will generate $270 US in extra free cash flow compared to the PEA at $1500.
Thats close to $200 million US ( $250 million in CAD ) in extra free cash flow from 696,000 ounces LOM gold production at 80,000 ounces per year.
I remain confident that current drilling will elevate gold ounces sufficiently to elevate production to 100,000 ounces per year for at least 10 years..