Dundee Precious Metals Announces Pre-Feasibility Study Results for the Čoka Rakita Project with $735M of NPV5% and 41% IRR
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Dundee Precious Metals Inc. announced the results of a pre-feasibility study for its Čoka Rakita project in Serbia, showing strong economic potential with a $735M NPV5% and 41% IRR. The company plans to proceed to a feasibility study for an accelerated construction decision, targeting first production by 2028.
December 18, 2024 | 11:45 am
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Dundee Precious Metals Inc. announced promising pre-feasibility study results for its Čoka Rakita project, indicating strong economic potential. The company plans to move forward with a feasibility study, aiming for production by 2028.
The announcement of a strong pre-feasibility study with high NPV and IRR is positive news for Dundee Precious Metals, suggesting potential future revenue growth. The decision to proceed with a feasibility study indicates confidence in the project's viability, likely boosting investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100