Post by
metalhead666 on Apr 07, 2023 5:37pm
$3.5 BILLION NPV now....3 and half BILLION $$$$
At 1x NPV it's a triple and there's no way it shouldn't trade at 1x between now and commercial production. If gold really is in a bull market then it's all gravy on top of gravy. The sensitivity study in the project description don't even go beyond $2000 gold...they need a bigger table! Right now IRR is over 40%, payback is under 2 years, free cash flow on track for $350 million per year....all will go exponental if gold were to run to $2500 or better which isn't far fetched at all.
I don't know of a better project
I like Skeena but they are 3 years out....I like I80 but that too is a long term story. Artemis is in the sweet spot of the Lasonde Curve when the biggest share price gains are made