GREY:PGDIF - Post by User
Post by
Kidlapikon Jun 07, 2016 8:36pm
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Post# 24944230
Goldrock vs PGD
Goldrock vs PGDGOLDROCK
Open pittable
1.15mil ounces in 57.5million tonnes of rock
26% IRR
NPV 151.75mil US or 216.78can
All-in sustaining cash costs of US$777/oz
12 year mine life
128,000 ounce production first 3 years
108,000 after that
0.6g/t
NPV US$150million, bought out for US$110million
PGD-assuming US$1,200/ounce gold, 15million carats averaged $175/carat blended
Open pittable
Equivalent to 2million ounces of gold in 6million tonnes of rock
IRR Unknown pending PEA
NPV Unknown pending PEA
All-in sustaining cash costs of $75us/ton or US$225/oz (10grams per ton, 3tonnes to an ounce, $75/tonne)**updated after PEA
12 year mine life
125,000 ounce per year
10g/t
Ask yourself what would I rather do. Move 3 tonnes of earth for one ounce of gold or move 50, literally 50 tonnes of earth for one ounce of gold.