Updated FSI'm as down on this group as anyone else, but people using 600 million as the NPV and the new share total to calculate per share value are being a bit disingenuous. The 600m was at $1500 gold (we're not there yet), and the 3-pit plan has to change things significantly. What's the target for the updated FS?
March 29/2021:
- After-tax Internal Rate of Return (“IRR”) of 31.5% and Net Present Value at a 5% discount rate (“NPV 5 % “) of $600M (US$450M) at US$1,500/oz gold, increasing to 42.2% and $868M (US$651M) at US$1,750/oz gold;