PEA!Per the PEA dated April 2, 2020 (and how much more gold, silver an copper discoveries since then and the porphyry targets (one of the main reasons Barrick purchased this property in the first place) are yet to be discovered? The NPV of future diccounted cash flows (which is how many companies are value companies to be purchased) was valued as at April 2/202 after tax at $1500 per oz conservatively "
1,500,000,000 divided by the fully diluted shares outstanding of approx. 233,000,000 at the time (give or take) and the sp at a conservative 1.3 usd to cdn is approx $8.75dn c-9.00 cdn!
After-tax NPV
5% of US$1.5 billion at US$1,500 per ounce gold, increasing to an after-tax NPV5% of US$2.0 billion at US$1,900 per ounce gold.
And here is the best
" - LOM average cash costs of US$353 per AuEq ounce and AISC(2) of US$489 per AuEq ounce.
- Low cash costs of US$202 per gold ounce and AISC costs of US$362 per gold ounce net of by-product credits.
Who the fk cares about Biden and Trump??? More volitality the better!