10% of NPV and 10$ oz. For Wildcat & Mountain and "simplified" DeLamar, the NPV (Gold at $1700) is $624M. Before the end of 2023, we can probably add more than 100M for Kinross waste. Current capitalization would represent less than 10% of NPV ( when at this stage 30%or 40% would be more normal ) and each ounce would be capitalized at just over $10us, whereas I've just read that the average acquisition cost of nearby projects would be $100 oz.
And that's without taking into account the sulfides, which are far from negligible in view of a previous PEA, but whose exploitation has been postponed in favor of the simplified project requiring less Capex in these difficult financing times.