Fred Earnest, CEO of Vista Gold, explains the newly refined feasibility study for the Mt Todd Gold Project in Australia. This study reveals a move to a smaller operation at 15,000 tonnes per day, with impressive economics showing a US$1.1 billion after-tax NPV at a $2,500 gold price. The discussion touches on rising operating costs and the strategic addition of the Bateman deposit, enhancing resource classification and viability. Earnest also highlights the influence of exchange rates on financial forecasts, emphasizing their cautious approach in this volatile market.
