Voltalia Ord Shs VLTAF

Seems to be in line with othere

[Bpultra]

KGN

 

The capital estimate includes contingency of $53.7 million in the initial capital.
Total direct operating cash costs are estimated at $693 per ounce (excluding royalties and refining charges). Royalties of 5.5% have been accounted for in the economic analysis.

Summary Cash Costs

	Project $ Million	$/oz Au Recovered	$/t Milled	$/t Mined
Mining Cost	978	372	12.32	2.46
Processing Cost	795	302	10.01	1.99
General and Administration Cost	47	18	0.59	0.12
Community Development Fund	3	1	0.03	0.01
Total Operating Cost	1,823	693	22.95	4.58

 

 

Gold Price ($/oz)	NPV (5%) ($ millions)	IRR (%)	Payback Period (years)
$1,800	$1,037	45%	1.5
$1,500	$639	32%	2.2
$1,300	$373	22%	3.1
$1,150	$171	13%	4.7

 

======================================

VTR

 

Tetra Tech has completed a base case, 100% equity, pre-tax, economic analysis of the Project based on the following:

• Price of gold - $1,372 per ounce
• Total LOM production of 126.08 Mt of ore.
• Average diluted grade of 0.96 g/t Au and average recovery of 89.84% Au.
• Total of 3,493 Koz Au recovered over the LOM and a mean of 340,000oz Au recovered per year.
• LOM at mine revenue of $4,451 million with a total OPEX of $2,292 million and a total CAPEX of $840 million (including sustaining capital). The resulting discounted cash flow NPV at 8% is $548 million; the IRR is 23.3% and the payback period is 4.3 years.

• A base case evaluation using:
  • Owner mining 12 million tonnes per annum of gold ore from a single open pit in the Kiaka Central Area at a strip ratio of 2.95:1,
  • Crushed and processed in two parallel trains of 6 million tonnes per annum, each comprising Semi-Autogenous ("SAG") mill, Ball mill and Carbon in Pulp ("CIP") leach circuit achieving an average metallurgical recovery of 89.84%,
  • Annual production of 340,000 ounces of gold per year over a life of mine of 10.3 years.

   

• Initial capital costs of 609.7 million

   

• Average on-site operating costs of US$ 671/ounce.

   

• Pre-tax NPV of 548 million, assuming a 1,372 per ounce gold price and an 8% discount rate,

   

• Pre-tax IRR of 23.3% with a 4.3 year payback on initial capital

[Curvature]

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[Bpultra]

Another thing that is the same is they are both looking for better grades south.. :>) They also are both cashed up.. I think KGN should still have just under 200 mill in the bank