Original Air Date: Dec 17, 2020
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This is one of the highest-grade gold mines on the planet. In fact, it’s in the top 5th percentile.
Phase One alone will generate more than $1.2 billion in pre-tax free cashflow at current gold prices. At an exceptionally low all-in sustaining cash cost of USD $787 per ounce. Yielding a 56% operating margin of more than $1,350 per ounce.1,3
The reason for this extraordinary operating margin is simple: our gold grade is higher than 95% of all other gold mines in production anywhere in the world