Bullboard - Stock Discussion Forum Perpetua Resources Corp T.PPTA

Alternate Symbol(s): PPTA

Metals & Mining Gold

Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating, and placing them into production if warranted. The Company’s principal business is the exploration and, if warranted and subject to receipt of required... see more

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Perpetua Resources Corp > Midas Gold's Stibnite gold project to produce 4.2 million ou

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Post by TuTomek on Dec 23, 2020 7:45am

Midas Gold's Stibnite gold project to produce 4.2 million ou

Midas Gold's Stibnite gold project to produce 4.2 million ounces of gold 118 of antimony

https://www.kitco.com/news/2020-12-22/Midas-Gold-s-Stibnite-gold-project-to-produce-4-2-million-ounces-of-gold-118-of-antimony.html

"Looking at a base-case for $1,600 gold the project is expected to generate $248 million in after-tax free cash flow. The project is expected to have an Internal Rate of Return of around 22.3%. Capital costs are expected to be paid back in 2.9 years.

In a second scenario with gold prices at $1,850 an ounce, the project is expected to generate $302 million in after-tax free cash flow. The study showed an Internal Rate of Return of around 27.7%. Capital costs are expected to be paid back in 2.5 years."

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