RE: Bonanza Operations: The Processing Plant5 Feb 2026 10:02
Hey Ice - I have a model set up covering Phase 1 (Bonanza + GOPP) - using the current gold price of $4,900 - I'm showing the following for the GOPP facility only:
1.48kg / Au produced per day (lower end of NTVO target) - based upon 150t of gold per day (Phase 1 max)
x by 75% for a 'likely' scenario = 39.18oz/day
x by 92.5% of gold spot price (dore bars) = $176,510/day
x by 25% percentage cut retained by NTVO's GOPP facility = $44,127 / day
x 365d = $16,106,503 revenue
less OPEX of $35/t (x150t x 75%) = $3,937.50 / day
= gross profit of: $40,190 / day
= gross profit of $14,669,315 / yr
ddt corporate overheads / rent / admin etc - $2m per annum (same should be spread across Bonanza) so say -$5,000/day = $35,190/day Operating Profit
ddt 29.5% Peruvian Corporation Tax equivalent from Operating Profit = $24,809 net profit / day
x365d = $9.05m (£6.60m) / annum net profit for GOPP Phase 1
P/E of 5 x £6.6m = £33m mcap for Bonanza Phase 1 alone with the above considerations.
Please let me know what you think!