Book looks pretty good14 Dec 2023 08:22
Any sniff of something positive and it flies
This is a serious company with a global resource inventory of 6,400,000 ounces of gold, located across two adjacent assets in the Kyrgyz Republic. Its massive
"A pre-financing discounted cash flow model was developed as part of the BFS in 2021, which assumed a conservative gold price of US$1,450/oz, and delivered compelling economics including an IRR of 25%, a NPV5 of approximately US$81.5 million and an expected payback period of just over five years"
Now Gold price is $2000 that vastly improves the profitability, IRR and payback
Stormer