M&A
confidence high
sentiment positive
materiality 0.75
Vista Gold appoints CIBC as strategic advisor to evaluate alternatives for Mt Todd project
VISTA GOLD CORP
- CIBC Capital Markets hired to lead formal process for Mt Todd gold project transaction.
- FS shows after-tax NPV5% $999.5M, IRR 20.6% at $1,600/oz gold.
- At $1,800/oz gold: after-tax NPV5% $1.5B, IRR 26.7%, cash flow $2.1B for years 1-7.
- Average annual gold production 479,000 oz during first 7 years; 16-year mine life.
- All major environmental, operating, and social approvals for Mt Todd already received.