RE:RE:New NI just released Sorry, the screen shot didn't work. I've copied and pasted it below but the formatting is messed up. Its on page 206 of the report that is available on SEDAR.
Midway
Economic Analysis
Pan Gold Project
NI 43
-
101 Technical Report
2015 Feasibility Study
June 25, 2015
206
22.5
Economic Projection
The
results of the economic analysis are
shown in an annualized cash
flow forecast, as presented
in Appendix
C
.
The project is projected to have a total lifespan of
3
years
.
During the life of mine
about 302,400
ounces of gold are projected to be mined and
about 215,400
ounces of gold recovered and
produced for sale.
An additional 17,381 ounces is expected to be recovered from ore
placed on
the leach pad prior to June 25, 2015
. The timing of the ounces recovered is based on a gold
recovery curve developed from the actual recovered metal from the lower than anticipated ore
permeability.
An additional
ca
pit
al investment of $
60.57
million, including contingency is expected to be
required
i
ncluding reclamation,
leach pad expansion and sustaining capital for the process plant.
Th
e cash operating cost is projected to be $
727
per ounce of gold.
22.6
Se
n
sitivity Analysis
Consistent with almost all gold projects, the Pan Project is very
sensitive to changes in the price
of gold. For this study, an increase in the average gold price
from $1,200
to $1
,920
per ounce
increases the NPV
@ 5%
from $
25.6
million
to $
1
74
.
0
million
.