Post by
metalhead666 on Feb 24, 2024 1:11pm
You all should watch the 3 year plan presentation...
This is a low risk proposistion resulting in an increase in free cash flow of 5x in 3 years. That's at current metal prices. In 3 years if gold is at $2500 or better and copper over $4...with 600k ounces targeted at an all in cost of $700....this stock is going to fly. It will be one of the most profitible mines on the planet. This year is the last one with high capex...it all turns into profits after that. None of this is speculation, it's a solid predictable plan now.
At $2500 gold the margins are insane at $1800 per ounce. Multiply that by 600k ounces per year...over a BILLION$ profit. NGD in a decent bull market becomes a $10 stock. Cut that in half to be ultra conservative and it's still a 5x bagger
Watch it https://app.webinar.net/r8RX4Pl4PYA/on-demand