a revised PEA for their Mexico copper porphyry deposit.
Highlights of the revised PEA include:
- NPV (8%) of US$2.64 billion pre-tax and US$1.48 billion post-tax.
- IRR of 30.3% pre-tax and 22.2% post-tax.
- Total LOM payable copper production of 4,774 M lb.
- Pre-tax payback of 2.9 years; post-tax payback of 3.8 years from first concentrate production.
- Initial capital costs estimated at US$1,103.5 million; sustaining and expansion capital costs estimated at US$1,734.1 million.
- Annual LOM C1 Cash Cost of US$1.54/lb Cu on by-product basis.
- Average CuEq grade of 0.51% over the first 7 years of production.
- Capital efficiency ratio (NPV / Initial Capital Cost) of 1.34.
- Total mineralized material mined of 825.5 Mt.
- Copper price: $4.00/lb USD
- Moly price: $15/lb USD
- Gold price: $1,900/oz USD
- Silver price: $24/oz USD
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1560-tsx-venture/oco/165890-oroco-announces-22-2-after-tax-irr-and-1-48-billion-npv-for-its-santo-tomas-project.html?utm_source=newsletter_1943&utm_medium=email&utm_campaign=junior-mining-brief-for-date-l-b-j-y
