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Bullboard - Stock Discussion Forum Probe Gold Inc T.PRB

Alternate Symbol(s):  PROBF

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground... see more

TSX:PRB - Post Discussion

Probe Gold Inc > Changing the dynamics of the project - part 1
View:
Post by Goodluck395 on Feb 29, 2024 11:55am

Changing the dynamics of the project - part 1

From te PEA under the heading of

" There is the potential for the underground mine 

plan to be further optimized to reduce capital costs

and improve project economics by deferring 

development costs later into the mine life "

Team Palmer obviously foresaw the potential 

pushback in the increased initial capital costs from 

$353m (2021) to $602 (2024)

So Team Palmer : How does this effect the following 

parameters?

New initial capital costs 

NPV

Cash costs and AISC

Life of mine and annual production 

Maybe this would be a better production model 

than the existing "simplified " model
Comment by Goodluck395 on Mar 01, 2024 10:49am
After tax Sensitivity at a gold price of US$2050 After tax NPV  $1,461 billion  Based on number of shares outstanding (basic) of 166.70 million  NPV per share is $8.76 Payback (years) 3.3 Has Team Palmer lost their mojo?
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