Stockhead: Investigator Silver DFS lights up the Paris project as a high-margin, near-term silver development

Bolstered by strong silver prices, Australia’s most-advanced pure silver project could generate close to $2 billion in free cash as a definitive feasibility study sets the stage for the development of Investigator Silver’s Paris project.

• DFS shows pre-tax NPV of $1.15bn and 93% IRR at US$80/oz silver price for the Paris project

• Strong cash flow generation with a net operating cash flow margin of 64% under the spot case and 52% at consensus. AISC: A$39.70/oz (US$27.39/oz)

• 11-month payback on $260m development with 33Moz silver reserve

• Conventional 1.5Mtpa open pit operation to generate $1.87bn free cash over 11 years

• District scale exploration upside, as Paris sits within a 15 km mineralised corridor with multiple near plant drill targets

Read the full Stockhead article here: DFS serving improved Paris economics for Investigator Silver | Stockhead