RE: Valuation24 Dec 2025 08:26
“I use 100koz/yr below as a conservative figure, I believe the last quote was in excess of that, from memory, maybe up to 120koz but would need to confirm use 100koz/yr below as a conservative figure, I believe the last quote was in excess of that, from memory, maybe up to 120koz but would need to confirm”
Also from memory (so might be wrong), I recalled him saying 90k per year for the first 5 or so years. He also referenced an NPV of circa to or > $500m, which I understood to only be for the initial mine life, which I understood to be circa 10years.
On Segilola he said it’s 2 more years at 90k without any extensions (which he has separately said are coming). By my maths the 2 years production added to the $115m he’s also said we should have in cash will broadly cover the the MCAP. Meaning Segilola extension(s), Douta, Guitry and Marahui are basically free of charge. Remarkable!