NDM vrs WRN Pebble vrs Casino round 1
Pebble 2021 PEA
Resources
6.5 billion tonnes measured and indicated Cu 57 B lbs 71 M oz Au Mo 3.4 B lbs 345 M oz Ag
4.5 billion tonnes inferred Cu 25 B lbs 36 M oz.Au Mo 2.2 B lbs 170 M oz Ag
Capex $6.05US Billion including port, power plant, undersea gas pipeline
Initial phase 1.3 billion tonnes first 20 years 180k tpd strip ratio 0.12 / 1.0 CuEq 0.58%
At current metal prices Cu $4.25 Au $1,800 IRR 15.4% NPV $4.4US billion payback 4.7 yr
At long term metal prices Cu $3.50 Au $1600 IRR 15.7% NPV $2.3 US B payback 6.1 yr
Metal value Cu 53.5% Au 33.2 % Moly 10.2 % Ag 1.9 % Rhenium 1.2%
Expansion possibiliies
No major involved
Tidewater
Casino News release June 22 2021
Resources Sulphide and Heap Leech
2.4 billion tonnes Measured and Indicated Cu 0.14% 7.6 B lbs Au 14.5 M oz Ag 113.5 M oz
1.46 billion tonnes Inferred Cu 0,10% 3.2 B lbs Au 6.6 M oz Ag 55.2 M oz
Capex $3.25CDN Billion including power plant (LNG trucked to site)
Initial phase 25 years strip ratio 0.38 / 1.0
At long term metal prices Cu $3.35 Au $1600 IRR 19.5% NPV $2.33CDN Billion payback 3 yr
Expansion possibilities
500? km minesite to Skagway Alaska
Rio Tinto small [psotopn
Heavyweight versus middleweight imo