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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Roads End who wrote (12247)3/16/2011 8:53:17 PM
From: loantech  Respond to of 119360
 
Here is some stuff from the ANV slide show to increase production. Huge IRR higher than almost anybody:

ANV latest presentation:

Production with minimal expeditures:

<Gold production expected to average over 250,000 oz/yr and silver production expected to average over 1 million oz/yr over 5 years
Average cost of sales expected to be $425-$450/oz of gold sold>>>

With greater expenses:

<Estimated capital cost of $1.1 billion>

<Cost of sales per ounce of gold sold (after silver byproduct credit) ($/Oz)
$348.79>

<More than double gold production by 2012 and triple silver production with accelerated heap leach project (1)
•Average over 600,000 ounces Au and 27 million ounces Ag by 2015 (with milling option (2))>>>>

<$1000 Au/$16 Ag
IRR 42%>

<$1400 Au/$20 Ag
IRR 71%>

Reserves are friggin ginormous <G>-new reserves to be published any day now:
-Au: 2P reserves of 2.4 mm ozs, M&I resources of 5.6 mm ozs, Inferred resources of 4.5 mm ozs
-Ag: 2P reserves of 38.9 mm ozs; M&I Resources of 220.3 mm ozs, Inferred ounces of 286.7 mm ozs2
-Ongoing infill exploration program continues to provide encouraging results
-Resource update expected in Q1/2011>>>

What is that 540 million ounces of silver and 12.5 million ounces of gold all just at hycroft I think.
alliednevada.com

My other gold 33% of PF is FNV ran by good ol Pierre Lassonde.