Using a base case gold price of $1,000 per ounce, the Report shows that Aurizona has a net pre-tax cash flow (undiscounted) of $153 million with an after tax Net Present Value (NPV) of $81 million using a 8% discount rate. The mine would recover approximately 670,000 ounces of gold at a waste to ore strip ratio of 3.4 to 1 over a 12-year mine life.
Doug Casey and Jim Sinclair have mentioned this play recently. b4
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