Perama Hill Project Overview
Skouries: Transformational for Eldorado
Gold Production (Koz)
US$ million
250
200
150
100
50
Skouries Production Profile (1)
0
500
250
(250)
0
(500)
Year 1
Year 2
Year 3
Year 4
Year 5
$500
$400
Skouries Annual Cash Flow(2)
$300
$192
$200
$166
$100
$376
$324
Total Cash Cost (US$/oz Au)
•
•
Skouries Project Estimates (1)
Robust economics (1)
•
•
Base case (2); NPV5 $1.3B; after-tax IRR 19%
5%
Spot price (2): NPV 5% $1.6B; after-tax IRR 22%
Average annual gold production: 140kozs
Average annual copper production: 67M lbs
Cash operating costs (3): negative US$365/oz sold
•
All-in Sustaining costs (3): negative US$6/oz sold
$174
.
Free cash flow (3): on average, US$215 million per year,
for the first 5-years
$0
Year 1
Year 2
■Base Case
Year 3
Incremental @ Spot
Year 4
Year 5
eldorado gold
(1) Skouries figures are estimates based on the Skouries Technical Report dated January 22, 2022; (2) Base Case assumes
2021 FS prices ($1,500/oz Au and $3.85/lb Cu). Spot assumes $1,800/oz Au and $3.80/lb Cu; (3) These are non-IFRS financial
measures or ratios. See Slide 2 "Non-IFRS Measures" for more information.
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