other material
confidence high
sentiment positive
materiality 0.75
Vista Gold reports FY2021 net loss $15.2M; Mt Todd FS shows 7M oz gold reserve, $1.5B NPV
VISTA GOLD CORP
- Cash and short-term investments $13.1M at Dec 31, 2021, up from $8.2M at Dec 31, 2020.
- Net loss $15.2M ($0.14/share) vs net income $0.4M ($0.00/share) in 2020.
- Feasibility Study for Mt Todd: 7M oz gold reserve, 16-year mine life, avg 479k oz/yr gold years 1-7.
- After-tax NPV5% $1.5B and IRR 26.7% at $1,800/oz gold and $0.71 USD/AUD FX rate.
- Mining Management Plan approved June 2021; all major operating and environmental permits in hand.