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Integra Resources Corp V.ITR

Alternate Symbol(s):  ITRG | V.ITR.WT

Integra Resources Corp. is a precious metals producer in the Great Basin of the Western United States. Its principal operating asset is the Florida Canyon Mine, located in Nevada. In addition, it is engaged in advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. The Florida Canyon Mine is located about 125 miles east of Reno Nevada, and immediately south of Interstate 80. The mine produces gold by conventional hard rock open pit mining with processing by two-stage crushing and Run of Mine (ROM) heap leaching. The DeLamar Project is a gold and silver mining development project located in Owyhee County in southwest Idaho. The Nevada North Project includes the Wildcat and Mountain View deposits in northwestern Nevada. The Wildcat Deposit is a resource stage gold-silver deposit. The Mountain View Deposit is located within the Deephole mining district in Nevada.


TSXV:ITR - Post by User

Comment by andre171on Jan 26, 2022 5:39am
80 Views
Post# 34361090

RE:RE:RE:$7 Can target...but I don't know what he's talking about..

RE:RE:RE:$7 Can target...but I don't know what he's talking about..
metalhead666 wrote: In other words...EVEN IF cap ex were to MORE than DOUBLE the current price is around its historic P/NPV.  
When the PFS demonstrates a sub 400 million cap ex and over 200,000 ounce per year production the stock can easily double and still be undervalued by historic measures.
AND they have clients ready to buy once they see the numbers.

All good.

I deduce that they assess the NPV at:
- 504M CAD for the current capitalization of 156M
- 509M based on their assumption of capex at 400M US with gold at 1725 and silver at 24.25.
I hope for more in the PFS that will be released! Moreover, the data taken into account would generate an annual cash flow of 229M Us, or 2748M over a 12-year lifespan of the mine, which corresponds to an NPV which would be a multiple of 504 M Cad.
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