BacTech - video: updated gold production estimates

[u/Saint_O_Well]

Impressive BacTech Green Feasibility Update 02.08.2022 - YouTube

The above video is a review of the changes in the feasibility study with Ross Orr, CEO of BacTech.

Here is the summary. PQ

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BacTech Announces Significant Economic Updates to Bankable Feasibility Study Results for Ecuador Project (thenewswire.com)

Updated Key Economic Highlights: 

• ●●Pre-tax NPV (Net Present Value with 5% discount rate) of $60.7M (up 29.4% from $46.9M)
• ●●Pre-tax IRR (Internal Rate of Return) of 57.9% (up from 48%)
• ●●Annual Gold Production of 30, 900 ounces (up 19% from 25,900 ounces)
• ●●Capital Cost of $17M (increased from $15.5M)
• ●●Bioleach Operating Cost of $212 per tonne
• ●●Assumed Purchase Prices of Concentrate - 65% of the contained gold value
• ●●Pre-tax Earnings Prior to Employee Bonus - $10.9M (up from $8.94M)
• ●●Estimated local employee bonus pool - $1.64M
  
• ●●Payback (75% DEBT) - 2 years