RE:RE:RE:With this PEA And the discovery of last week,golgx3, Integra were taken over by Eldorado when they only had a PEA. The Capex in that instance was around $120mil IIRC as they had a mill that was nearly ready to go.
I don't know about takeover, but I'd like to see the detailed PEA that has just been completed. Only 1.9mil ozs will be produced out of 2 resources that total around 3.6mil ozs. The NR says something about parts of Windfall deposit not being included in the PEA, it's unclear to me what they mean.
We need the inferred resources to be converted to indicated in the next RE so that we get a decent PFS next year.
33% IRR is ok, but $400mil capex is a bit of a turn off for a suitor at this point in time IMO.