RE: VALUATION - DCF + P/NAV12 May 2026 22:19
Rule of Thumb Evaluation
A common industry rule of thumb values advanced/producing gold projects at \(10\%-30\%\) of the contained gold value. [1]
Total Contained Value: \(1,000,000\text{ oz} \times \$2,000/\text{oz} = \$2\text{ Billion}\).Estimated NPV: \(10\%-30\%\) of \(\$2\text{B} = \$200\text{M} - \$600\text{M}\). [1]