| Long-Term Price Case | $2,000/oz. Au |
| Flagship Project | Grassy Mountain |
| Mineral Resources | 367,916 AuEq ozs. |
| Shares Outstanding | 32,960,000 |
| Market Cap | 42,848,000 |
| Recoveries Au/Ag | 92.8%/73.5% |
| Average Annual Production | 45,989 AuEq ozs. |
| LoM | 8 Years |
| True All-in Cost (TAIC) | $930/oz. |
| Gross Revenue | $735,832,000 |
| Total Operating Cost | ($120,500,000) |
| Operating Profit | $615,332,000 |
| Taxes | ($92,299,800) |
| Total Capital Cost | ($129,400,000) |
| Net Income | $393,632,200 |
| Net Profit Margin | 53% |
| Absolute Cost Structure (ACS) | 47% |
| MTQ Score | 1.13 |
| True Value | $11.94/sh. |
| Cash Flow Multiple | 11x |
| Annual Cash Flow | $49,208,230 |
| Future Market Cap | $541,290,530 |
| Future Market Cap Growth | 1,163% |
| Target | $16.42/sh. |
Notes: All Values in U.S. Dollars.
Paramount Gold Nevada is a growth company in the making and will likely be awarded a rich premium on the back of timely execution, exemplary management, a robust asset pipeline in a friendly jurisdiction, and a high probability of discovery at Frost.
Paramount’s Net Profit Margin and Absolute Cost Structure are excellent which enables us to award the company with a 11x cash flow multiple resulting in possible Market Cap appreciation of up to 1,163%.
