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Stock impact report

Solaris Publishes Positive Pre-Feasibility Study Results and Maiden Mineral Reserve for the Warintza Project, with Significant Mineral Resource Increase, an Extensive Mine Life, and US$4.6...

Solaris Resources Inc. Common Shares (SLSR) 
Company Research Source: GlobeNewswire
HIGHLIGHTS OF THE PRESS RELEASE: Globally significant Mineral Resource with extensive mine life and first quartile cash costs driving significant Free Cash Flow (“FCF”) generation: Average annual copper equivalent (“CuEq”) production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 yearsFirst quartile All-In Sustaining Cost (“AISC”) of US$0.85/lb of payable Cu for the first five years and US$1.07/lb of payable Cu during the first 15 yearsPost-tax net present value (“NPV”) (8%) of US$4,617M (pre-tax NPV8% of US$7,492M) and a post-tax internal rate of return (“IRR”) of 26% (pre-tax IRR of 34%)Average annual Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”) of US$1.9bn for the first five years and US$1.4bn during the first 15 yearsAverage annual post-tax Free Cash Flow (“FCF”) of US$1.3bn for the first five years and US$1.0bn over the first 15 yearsInitial capital costs (pre-production) of US$3.7bn (including 15.7% overa Show less Read more
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