got water? not so much.a couple slides into the investors presentation they say Stage 1 20,000 tpd; Stage 2 80,000 tpd.
Further along they say the water trucking contract will support only the 20,000 tpd project.
There's a lotta word salad about pipelines and desalination plant and other thirsty miners. Don't make a decision to buy based on that!
However - IF all other numbers remain the same - the IRR will be an insane %50 at $2200 gold - at 20,000 tpd.
Another slide says commissioning in late 2025. Nameplate production winter of '26-'27?
At 20,000 tpd they project producing ~90,000 oz Au per year. This is not a world class project. There's little/no indication the deposit will be expanded, or another deposit found on the property.
AISC ~$1250. not bad. Remaining capex to spend: <$150M. Remaining needed to finance: <$150M.
Maybe a mid-size company will buy and build it. It's too small for a biggie to buy.