ESAU.c - $11m market cap | $65m net income on gold reprocessThis could get interesting. https://esgold.com/esgold-corp-unveils-significant-project-economics-with-142-irr-for-montauban-tailings-processing/
Paul Mastantuono, CEO of ESGold, commented: “The Montauban Project is a unique and powerful model for the future of mining. With a strong gold market enhancing the project’s economics, we are seeing an impressive IRR of 142% and a payback period of less than one year. Our plan to generate net income of over $65 million by reprocessing existing materials will allow us to fund systematic, district-scale exploration and development without unnecessary dilution, proving that it’s possible to achieve robust returns while creating real value for the community and shareholders alike. ESGold’s approach is about doing things differently—prioritizing production and reinvesting for the future. We are proud of the speed and dedication with which our team is advancing toward production, creating a win-win for all stakeholders involved.”