RE:12/09/22 valuation....$800 million NPV....What I did see from National Bank is they did not like that the first pour was delayed from late 2024 to early 2025. This is not clock work building. Many companies are experiencing supply issues. Moz has been delayed on approvals and permits so the build delay could or may not happen? Too far out to predict what may or may not happen. A couple of months plus or minus is possible could go either way. NB their target $1.50-$2.00.
What could happen at these low prices is that once Moz completes most of the dig they would make a sweet target for someone to aquire. The long tem outlook remains positive for production with higher Au prices.
More updates later.