EPISODE · May 20, 2019 · 28 MIN
Rick Van Nieuwenhuyse | Our Copper Project Has $0.15/lb Cash Cost, While Worldwide Avg is $1.60/lb
from Mining Stock Education · host Bill Powers
Trilogy Metals is advancing two high-grade, copper-dominant, polymetallic projects in Alaska’s Ambler mining district. The Arctic project’s pre-feasibility study shows an after-tax US$1.4B NPV with a 33% IRR at $3/lb copper. It has a 43Mmt open pit reserve grading 5% copper-equivalent and its cash costs, net of by-product credits, is only $0.15/lb. The Bornite project already has 6 billion lbs copper and 77 million lbs cobalt while exploration is still ongoing. Trilogy Metals is facing numerous potential catalysts over the next year.Rick Van Nieuwenhuyse is the President and CEO of Trilogy Metals. He has over 40 years of experience in the natural resource sector, including his role as founder, president, and CEO of NOVAGOLD where he led a team that discovered the 40 million ounce Donlin gold deposit in Alaska. Prior to founding NOVAGOLD, Rick was the Vice President of Exploration for Placer Dome Inc. from 1990 to 1997. He possesses years of working experience in and knowledge of Alaska and has managed projects from grassroots discovery to advanced feasibility studies, production, and closure.0:05 Introduction2:01 Rick Van Nieuwenhuyse’s background and previous success4:31 Trilogy’s share structure and who owns the shares5:40 Trilogy’s burn rate and how the company is funded (South32 partnership)7:56 Why Trilogy investors are protected against share dilution9:04 Background on Trilogy’s partner South3211:05 Trilogy’s liquidation value relative to its market cap12:14 Overview of the Arctic project’s PFS17:04 Overview of the Bornite project20:03 Trilogy’s projects and the environment and native partnerships21:44 Update on the Environmental Impact Statement for the proposed road23:45 Upcoming catalysts for TrilogyTSX & NYSE American: TMQwww.TrilogyMetals.comArctic PFS Overview Video: https://player.vimeo.com/video/298282187Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Trilogy Metals is a MSE sponsor company. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Rick Van Nieuwenhuyse | Our Copper Project Has $0.15/lb Cash Cost, While Worldwide Avg is $1.60/lb
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