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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.WT

i-80 Gold Corp. is a mining company. The Company is a gold and silver producer engaged in the exploration, development and production of gold, silver mineral and poly-metallic deposits. Its operations include Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. The Company owns a 100% interest in the Lone Tree and Buffalo Mountain gold deposits and Lone Tree processing complex (collectively, the Lone Tree Project). The total land package of the Lone Tree property consists of approximately 12,000 acres. The Ruby Hill Project is an advanced-stage development project with residual heap leach production, located within the Battle Mountain-Eureka Trend. It owns a 100% interest in the Granite Creek gold project located at the intersection of the Getchell gold belt and the Battle Mountain-Eureka Trend in Humboldt County, Nevada. It owns a 100% interest in the McCoy-Cove project. It holds a 100% interest in the FAD project located along the Battle Mountain-Eureka Trend in Eureka County, Nevada.


TSX:IAU - Post by User

Comment by TomWickenon Apr 09, 2023 9:16am
120 Views
Post# 35385720

RE:Buy ARTEMIS instead of I80.....

RE:Buy ARTEMIS instead of I80.....you mention overhang but fail to mention 32 million warrants at C$1.00 expiring next year for artemis? that is real overhang when ppl can sell for a 300% gain on any given day to lock in gains and expiry much closer


npv is also not 3.5 billion that uses 2021 prices for mining, processing, labor and capex (good luck with that) and using 2,000 / oz gold and 5% discount rate is preposterous. either use a conservative gold price or use 8%.. not both


more realistic npv is US $1.5 billion at best when factor in sale of gold silver stream not shown in 2021 fs + inflation on opex + inflation on upfront capex + inflation on phase 2 expansion + sust capex


fully diluted mkt cap is 810 (236 million shares) million / 1.5 billion NPV = 0.53x NAV.. its trading at same multiple as i80 except i80 has less capex risk as its not building a mega project thats greenfields.. these are brownfields refurbishments 


as for the 10 year i80 plan.. granite creek already producing, polymetallic 2026, and autoclave 2028/2029 assuming unfavorable gold price so they dont accelerate it and wait for cash flow from hilltop... in this gold price environment, we could see autoclave hub spoke by H2 2027 

result is 400k ozs by 2028


+ 250k in the tank at granite creek open pit, flotation plant expansion and or mineral point


where are u getting 10 year plan? i dont have any issue with artemis but your numbers here are so wrong i cant not comment 

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