Marathon Gold ( MOZ) trades well above its V Lake NPV5Current market cap of Marathon Gold is $7.55 million.
Its flagship deposit Valentine Lake has a Net Present Value discounted at 5;% @$1500 POG of $600 million,.
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After-tax internal rate of return (IRR) of 31.5 per cent and net present value at a 5-per-cent discount rate of $600-million ($450-million (U.S.)) at $1,500 (U.S.) per ounce gold, increasing to 42.2 per cent and $868-million ($651-million (U.S.)) at $1,750 (U.S.) per oz gold;
Initial capital cost (capex) of $305-million ($229-million (U.S.)) yielding a favourable after-tax NPV at a 5-per-cent discount rate and capex ratio of 2.0; total life-of-mine (LOM) capital of $662-million ($496-million (U.S.)