Manica Production Update: $8M NPV, $3M Capex
Empress Royalty Corp.'s Manica in Mozambique has a production guidance outlining a pre-tax NPV of $8M and initial capital of $3M.
Empress Royalty Corp.'s Manica has reported production guidance results for the gold project in Mozambique. The study headlines a pre-tax net present value of $8M at a 5% discount rate. It reflects Empress Royalty Corp.'s (EMPR.V) latest disclosed economics for the asset.
Economics. The pre-tax NPV is $8M using a 5% discount rate. Initial capital expenditure is estimated at $3M. Economics are based on US$4,000/oz gold.
Production and mine plan. The project envisions an open-pit operation. Average annual production is approximately 339 GEOs.
Resources and ownership. Royalties and streams: 3.375% gold royalty: 3.375% on first 95k oz. sold then 1.125% LOM.
These figures are extracted from Empress Royalty Corp.'s technical disclosures and reflect the most recent Production Update 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.