Yet another scenarioBuild their own mill, ultimate resource 6 mt at Three Bluffs. $600/oz long term Au price.
Consider:
- Bookvalue less than 1.
- Excellent prospects for finding more resources. (1 moz really is no problem)
- Mcap 28 m
Mining and milling costs should be in line with typical operation of the same size. Little extra for arctic location. (I suppose 100 km distance to Meadowbank can be verified from Google Earth etc.)
mt 6
tpd 1500
Grade 5.7400
oz/t 0.19
Recoveries 0.92
Payable oz/t 0.17
tpa 0.55
Oz/a 0.09
Au /oz $ 600
Revenues 55.96
Milling/t 15
Milling/a 8.21
Mining /t 15
Mining / a 8.21
Opex / a 16.43
Cost / oz 176.11
Cash flow 39.53
minelife 10.96
Road capex 24
Mining fleet + mill 40
Capex total 64
NPV8% $198m