POG at $2175…..Updated March Corporate Presentation Several new additions befitting rapidly moving events...
Note particularly that they have rerun the 2022 HM FS using $2150 POG.....note that the NPV jumps to $185 million and the IRR to an incredible 80.3%
Near term gold production and cash flow from the Hammerdown Gold Project
• 50k oz/y project generating over $40M in annual cash flow @ US$1,750 gold price. Leverage to rising gold prices with $185M NPV (5% discount rate) and 80.3% IRR2 project economics at spot gold prices2
2. Derisked assets, manageable scale
• High grade open pit project, existing process plant with tailings storage, major permitting complete
Other signifucant additions to including close by discoveries