![]() ![]() Kentor Gold ( ASX: KGL) is also set to join the ranks of gold producers in a matter of week's, with the company preparing for the first gold pour at the Murchison Gold Project - which is only around a year since acquiring the project. Capital Costs for mine construction of $21 millionĪ major positive worth noting is that the initial net operating cash flow of $341 million would readily service the company’s Project Finance Facility (debt plus interest).Īstutue investors will also remember that Mutiny sold forward 50,000 gold ounces at the end of last year at a very impressive A$1,847 per ounce - which is above historical Australian gold pricing - and provides a boost to the projects potenital future profitability. Capital costs for plant construction of $66 million ![]() Net Operating Cash Flow after debt (project finance) and taxes of $171 million: ![]() The key financial outcomes of the study provide key financial parameters of Deflector and they are impressive. The study paves the way for the development of the project at an initial production rate of 55,000 gold ounces equivalent (annual range 44,600 in year one to 61,612 gold ounces equivalent). Mutiny Gold ( ASX: MYG) is another company getting ready to pour the yellow metal, delivering a positive Bankable Feasibility Study at the start of this month highlighting that Deflector could earn an estimated Net Operating Cash Flow of $342 million - and that is just the start. The life of mine mutilplies out to A$1.2 billion.Īdd to the mix the potential for a longer mine life though reserve upgrades, with Millennium already targeting million ounce gold reserve milestone in 2013.ĪDD IN CASH COSTS WHEN NEW PPT OUT WEDNESDAY Millennium's production base target will be 100,000 gold ounces annually over a mine life of eight years or better, and based on the current spot price - that would generate annual revenues of around A$150 million. Golden Eagle is the biggest deposit and hosts almost two thirds of the resource. Total Resources is 1.33 million gold ounces contained within seven deposits. The Nullagine Gold Project has Reserves of 741,000 gold ounces. Sure - spot gold may have fallen to around US$1550 an ounce, and not punched through the US$2000 that some were hoping - (but with fingers crossed this wasn't at the expense of a systemic global financial meltdown) - but it must be remembered that producers still have some incredibly strong profit margins at the current price.įirst of all take Millennium which has forecast the first gold pour from the Nullagine Gold Project in Western Australia before the end of 2012. As a reward, she'll give you the Sampling Device, which you can equip in your rod slots, and is capable of catching Abyssal fish once installed.Millennium Minerals ( ASX: MOY), Mutiny Gold ( ASX: MYG) and Kentor Gold ( ASX: KGL) are all transitioning to precious metals producers in the near term - with these companies set to reap the financial benefits of what is still a very high gold price. Search the Laboratory to recover the parts, then convey them back to her. You can find this floating platform in square G4 of Stellar Basin. She'll set you another task to go and retrieve some Prototype Parts from a nearby Research Outpost. How to Get Cry Mutiny in Destiny 2 Season of Plunder. Once you have all three fish, head back to the Researcher. including metals, plastics, and glass, all of which require energy to mine and manufacture. The federal status of this trademark filing is REGISTERED as of Tuesday, July 7, 2020. The USPTO has given the MUTINY METALS trademark a serial number of 88714000.
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