GREY:VITFF - Post by User
Post by
powermanon Apr 10, 2023 8:59am
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Post# 35386350
Updated tech report
Updated tech report Key highlights of the updated plan are fantastic. Question will remaine if this is more over promise or can they deliver. will take a few quarters to see how this plays out. In the meen time I expect the sp to continue to see an upward trend based on these new numbers. DF
After-tax net present value (“NPV”) at a 5% discount of $954 million ($1,257 million pre-tax), at US$1,700 per ounce of gold and a US$:C$ exchange rate of 0.75.
- Average gold production of 202,000 ounces per year over the first 8 years, with peak production of 219,000 gold ounces in 2025.
- Average free cash flow (“FCF”) of $166 million per year for the first 8 years with a total of $1,602 million of FCF over the LOM.
- Total gold production of 2,048,000 ounces over a mine life of 12 years. This total does not include gold production prior to 31 December 2022.
- LOM All-in Sustaining Cost (“AISC”) of US$1,114 per ounce of gold providing significant operating and profit margins at current gold prices.
- Throughput increase to steady-state level of 11.5 million tonnes processed per annum during 2025.