Minnova PEA Projects US$181 Million NPV for PL Gold Mine Restart
The preliminary assessment estimates after-tax NPV5% of US$181 million and a 111% IRR at US$3,000/oz gold, rising to US$439 million at US$4,000/oz. It projects US$53 million in pre-production capital, a 0.7-year payback and 622,000 ounces over a 10-year mine life.