Fire the Bum 250 Oz. 15 years - 3.75 M Oz. at AISC of $775 per Oz
@ 1850$ - $775 X 3.75 M Oz. = 4031 M$ X 25% = Net Present Value of 1.0 B $
(2024 value of 1.6 B $)
Note gold at seasonal low
(Projected by 2024: Au 2500$ Ag 50$)
NO INCREASE FOR:
Remainder of M&I BR - 2.55M Oz
Inferred - 2.85M Oz
George - 2.2M Oz
Total 7.6 M Oz = value of 2.0$ B (2024 value 3.2 B $)
Hackett Silver Royalty 60 M Oz Ag = value $1.3 B (2024 value $3.0 B)
Blue Sky All deposits OPEN AT DEPTH (2 km) = unknown
So…… for a low ball 0.825 B (all in US $)
You get 4.3 B
1.0 B proven n probable
2.0 B measured n inferred
1.3 B royalty
Blue Sky
FOR PAYING ONLY 19% of present value!!!!!
In 2024 that number drops to:
1.6 B proven and probable
3.2 B measured and inferred
3.0 B royalty
Blue Sky
FOR PAYING ONLY 10% of 2024 value!!!
We are just over 22 months til first pour and our CEO says he’s “punchy” for doing this deal.
FIRE THE BUM!!!