Next Investors: IVR’s Paris silver project in South Australia shows $1.15BN pre-tax NPV, 93% IRR, 11 month payback... and the silver price is rising
Investigator Silver (ASX:IVR) has made two big steps forward in building Australia’s only pure play silver mine over recent days.
Last Friday, IVR went into a trading halt and delivered its Definitive Feasibility Study (DFS) for its Paris silver project in South Australia.
The DFS demonstrates a high-margin, finance-ready silver development project with strong leverage to the silver price and a practical near-term pathway to silver production.
The headline economic number was a $1.15BN pre-tax NPV using a US$80 silver price.
IVR is now funded to a Final Investment Decision on building its silver mine.
IVR owns 100% of the 57M ounce Paris silver project in South Australia - one of Australia’s highest grade, pure play silver projects.
Read the full Next Investors article here: IVR’s Paris silver project in South Australia shows $1.15BN pre-tax NPV, 93% IRR, 11 month payback... and the silver price is rising
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