Well folks we’ve got another economic study on our hands and this one is a bit of a doozy in terms of the assigned net present value.
Today we’re talking Aris Mining’s (TSX: ARIS) 51% owned Soto Norte project, which is found in Santander, Colombia. The company has released a quite positive prefeasibility study on the project, which rejigs the go forward plan for the company – with processing capacity literally halved from the prior plan. But with this gold environment, it still gives them a multi billion dollar net present value, despite over 20% of capacity not even dedicated to their own operations.
Sounds intriguing, right? Lets dive in.
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