Most of it is working in our favor right now, except Moly & possibly production numbers. This being said, higher metal prices, lower opex and optimization could compensate. If they attack the pit with better initial grades and recoveries, a higher output in the first years will be key to the NPV.
I still think that between 3B and 4B US (NPV 8%) is possible.
| |
2008 BFS (USD) |
2021 PEA (USD) |
| Mine life |
23 |
21 |
| Capex |
2.95B |
2.65B |
| Sustaining |
797M |
755M |
| Opex |
12.49/t |
8.66/t |
| Tonnage |
100000 tpd |
133000 tpd |
| |
|
|
| Prices |
|
|
| Copper |
3.12 |
3.15 (minimum) |
| Gold |
692.85 |
1200 (minimum) |
| Moly |
33 |
15 (estimated) |
| Silver |
13.09 |
20 (estimated) |
| |
|
|
| Production |
|
|
| Copper (Mlbs) |
211.1 |
237.2 |
| Gold (ozs) |
199178 |
192800 |
| Moly (Mlbs) |
11.3 |
10.3 |
| Silver (Mozs) |
1.44 |
0.9 |
| CuEq (Mlbs) |
380 |
365.3 |
| |
|
|
| Total production |
|
|
| Copper (Mlbs) |
4855.3 |
4981.2 |
| Gold (ozs) |
4581094 |
4048800 |
| Moly (Mlbs) |
259.9 |
216.3 |
| Silver (Mozs) |
33.12 |
18.9 |
| CuEq (Mlbs) |
8740 |
7671.3 |
| |
|
|
| NPV (8%) |
2.7B |
???
|
Some of the above numbers are calculated/estimated to the best of my knowledge.
IMO.
MoneyK
