Post by
austrochris on Feb 04, 2022 5:19am
newest gold producer in BC !
Made a little research here : The PEA includes about 570 000 ounces of gold - 1800 Dollar gold price - 280 Million US Dollar NPV . ( 355 Million Candollar ) . The current resource is just over 1 Million ounces . So the economics are much better now as mentioned in the PEA ! ( nearer to 500 Million Candollar NPV ) !
Great management and great future .
Under 600 Dollar all in costs / ounce is worldclass
and the capex is very low ! Great capex / NPV ratio !
Comment by
techguy12 on Feb 04, 2022 8:38am
Love the math! I think it may take them a few months to scale up to steady state. and streamline their processes but to your point = the numbers don't lie.
Comment by
chopperzombie on Feb 04, 2022 1:01pm
Looks like it's heading into another pullback until gold is poured!
Comment by
kegman on Feb 04, 2022 3:47pm
Have to prove delivery and refining is repeatable and that cash will flow. I am betting last shorts covered over last few days.
Comment by
chopperzombie on Feb 04, 2022 9:22pm
In that case this should be around 2.00-3.00 in a few months.
Comment by
kegman on Feb 05, 2022 9:03am
I would think low $2's until resource expanded. Then who knows!