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NUAG updated PEA projects $2.65B NPV and 35.9% IRR

NUAG said it signed 30-year mining contracts and filed an updated PEA for Carangas, projecting $2.65B NPV and 35.9% IRR. Net loss for the year was $4.19M, with $28.8M raised in equity financing.

NUAG

Signed 30-year mining contracts and filed an updated PEA for Carangas, projecting a $2.65B NPV and 35.9% IRR. Net loss for the year was $4.19M, with operating expenses unchanged and investment income higher. The company also raised $28.8M in equity financing.

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