Integra Resources Corp V.ITR

$7 Can target...but I don't know what he's talking about..

[metalhead666]

Analyst gives some targets but relates the multiple to cap ex?  Is he making a mistake and calling NPV cap ex?  Have a look...maybe someone can clarify this....

https://drive.google.com/file/d/1Brz0MXJD-2Daxymh7vueNAL7cFtdBLNp/view

[deepthinker63]

Long decline related to problems with BLM?  I don't think the project can proceed with current management.  Time to sell and live on.

[metalhead666]

No...long decline like every other gold miner on the planet.  They should have permits for underground work shortly. They have the endorcement of the Governor. There's no issues here

[metalhead666]

OK...I get it now. It's terribly worded....basically he's saying that "IF" the cap ex were to blow out to some absurd level like 900 million the current P/NAV would be .53....it would be .40 even if cap ex were a ridiculous 600 million. Given that it's going to come in at 400 million or less the current P/NAV is a ridiculously low .3   So if we get the PFS with a

[metalhead666]

In other words...EVEN IF cap ex were to MORE than DOUBLE the current price is around its historic P/NPV.  It implies that there is no downside scenario given that it currently trades at .3 P/NAV.  It was an exercise to demonstrate that clients concerns about a high cap ex don't add up. Integra is still cheap even if cap ex was 50% higher or even if it were more than double! 

[andre171]

I deduce that they assess the NPV at: - 504M CAD for the current capitalization of 156M - 509M based on their assumption of capex at 400M US with gold at 1725 and silver at 24.25. I hope for more in the PFS that will be released! Moreover, the data taken into account would generate an annual cash flow of 229M Us, or 2748M over a 12-year lifespan of the mine, which corresponds to an NPV which