Post by
nozzpack on May 02, 2024 7:32am
NAV Drivers of Value
1....LOM ( Mine life )
2...Grade
3....cash costs
4..Debt Capex
1......There are few other mines that can compete with Alkaline gold deposits....NewMonts Lihir has been producing over 600,000 ounces per year for over 25 years .....Fiji Emperor over 75 years
2....Emperor at 6 grams, Lihir at 2 grams , Vacatu over 10 grams
3...cash costs ....inverse to gold grade...Vacatu has very high grades
4..Debt capex ......LIO debt is very modest hence high IRR and quivk payback
So, in any updated FS, the NAV will be very Robust and probably above $3 per year at POG above $2000 US