Illapel Project - El Espino (third-party reference) Project Economics: $380M NPV
Vortex Metals Inc.'s Illapel Project - El Espino (third-party reference) in Choapa province, Chile has an economic study outlining a pre-tax NPV of $380M.
Vortex Metals Inc.'s Illapel Project - El Espino (third-party reference) has reported economic study results for the copper project in Choapa province, Chile. The study headlines a pre-tax net present value of $380M. It reflects Vortex Metals Inc.'s (VMS.V) latest disclosed economics for the asset.
Economics. The pre-tax NPV is $380M.
Production and mine plan. Average annual production is approximately 26 mt fine copper. Average head grade is 0.55% Cu, 0.22 g/t Au.
Resources and ownership. Mineral reserves: 150 Mt @ 0.55% Cu, 0.22 g/t Au.
These figures are extracted from Vortex Metals Inc.'s technical disclosures and reflect the most recent disclosure on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.
Our Analysis
Its pre-tax NPV is well above the company's market capitalisation (roughly 120.4x, on a currency-adjusted basis) — a wide gap that can flag value the market hasn't yet priced — though dilution, financing and permitting risk usually explain part of it. The project is located in Choapa province, Chile, a factor in its overall risk profile. For context, copper currently trades around $6.15/lb.
Our take, benchmarked against the project economics in the Mining Stocks database. Figures are estimates drawn from company technical reports — not investment advice; always verify against the source filing.