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Peter Spina: Kootenay Silver unveils $763 million after-tax NPV for La Cigarra project
Peter Spina, CEO at GoldSeek.com, reports that Kootenay Silver has announced a positive preliminary economic assessment for its La Cigarra silver project. The study indicates an after-tax net present value of $763 million and an internal rate of return of 41%, using a $50 per ounce silver price. Initial capital cost is estimated at $332 million, with sustaining capital cost at $80 million. The payback period is projected at 1.9 years.
Spina has recently highlighted how gold and silver prices reversed strong early gains during the Iranian conflict. He has also reported on India imposing new silver import rules after a record $12 billion in spending. These developments provide context for ongoing moves in the silver sector.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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