The latest announcement is out from Cavalier Resources Limited ( (AU:CVR) ).
Cavalier Resources Limited announced a revised Pre-Feasibility Study (PFS) for its Crawford Gold Project, highlighting significantly improved financial metrics. The updated PFS reveals a net present value (NPV8) of A$51.7 million and an internal rate of return (IRR) of 580%, with a capital payback period of nine months. The project is poised for growth, with the potential for increased revenues and expansion beyond the central oxide portion of the resource. Key approvals for Stage 1 mining have been secured, and the company is advancing funding discussions with Raptor Capital International Limited, positioning the project for greater returns and development potential.
More about Cavalier Resources Limited
YTD Price Performance: 90.0%
Average Trading Volume: 248,302
Technical Sentiment Signal: Sell
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