Pantoro's Norseman looking set for development

PANTORO has outlined an attractive looking gold development at Norseman in Western Australia given initial capital costs of A$89 million for a project with a post-tax net present value of $260 million and internal rate of return of 67%.

Pantoro's Norseman looking set for development Pantoro's Norseman looking set for development Pantoro's Norseman looking set for development Pantoro's Norseman looking set for development Pantoro's Norseman looking set for development

The metrics use a gold price of $2600 per ounce, with $2200 generating an NPV of $129 million and an IRR of 35%.

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