Post by
nozzpack on Sep 07, 2024 4:53am
Gmin After tax NPV5 at $2300 POG
Just quickly reviewed their Toz Feasability study for its after tax discounted Net Present Value at $2300
US POG based on 2 million ounce Reserves grading 1.31 gms per ton, taking into account initial capex
of $475 million US and an open pit , with waste ore comprising 75% of the ore volume within the optimized pit .
Its $1.34 Billion US which converts to about $1.8 Billon CAD.
Fair value is typically at 0.70-0.75 of NPV which is about $1.35 Billion CAD, which, based on 2 million ounce Reserves , amounts to about $650 CAD per ounce of Reserves.
This is a broad reference value for when LGC presents its PEA..