Investor Presentaiton
BK11 NI 43-101 Preliminary Economic Assessment (PEA) – effective 12.10.2015
tangomining
BK11 Project Basecase (Real)
Ore mined
Tons
Waste mined
Tons
Grade
cpht
Carat Price
$/ct
Production
cts
2017
2018
2019
2020
2021
2022
2023
9'041'692
7'459'473
1'225'003
569'610
2'544'812
6.24
281
76'453
1'400'004
1'268'654
7.24
297
101'357
1'400'004
2'331'826
6.47
315
90'612
1'400'004
486'753
6.62
334
92'724
1'400'004
384'190
6.34
354
88'776
1'400'004
351'756
816'669
91'482
6.47
3.56
375
90'600
398
29'088
Revenue
Costs
$
$/T
Mining
197'973'469
22'698'059
31'668'646
30'089'244
32'470'619
32'919'722
35'426'768
12'700'411
19
23
21
23
24
25
16
Plant
Overheads
Total Costs
Royalty
Tango Overheads
13'258'837
2'438'922
140'080
1'743'021
10'369'463
3'122'296
101'585'850
18'807'841
17'580'860
2'149'235
192'110
2'263'319
15'947'188
3'015'931
13'220'767
3'122'296
192'110
2'263'319
18'798'492
2'853'941
8'272'496
3'122'296
192'110
2'263'319
13'850'221
3'098'185
7'997'434
3'122'296
192'110
2'263'319
13'575'159
3'144'246
7'910'449
3'122'296
192'110
2'263'319
4'309'474
2'370'809
128'073
1'537'398
13'488'175
8'345'755
3'401'379
1'144'924
EBITDA
77'579'778
2'967'964
12'705'527
8'436'811
15'522'214
16'200'317
18'537'214
3'209'732
EBIT
60'375'599
2'967'964
12'705'527
8'436'811
15'057'236
10'620'583
12'957'480
-2'370'002
Tax
2'109'110
2'576'467
Free Cashflow
57'311'273
Discounted
8%
-10'351'712
-9'584'918
12'773'492
8'414'061
15'539'277
16'204'750
10'951'211
6'679'353
11'421'832
11'028'681
16'462'776
10'374'341
-1'731'371
-1'010'238
Project NPV
Project IRR
US$
39'860'261
43%
TGV.TSXV
15View entire presentation