Horizon Gold Flags Massive $1.
8B Earnings for WA Gold Mine The latest definitive feasibility study (DFS) from Horizon Gold has sent shockwaves through the Australian mining industry, with the company's Gum Creek project in Western Australia emerging as a potential game changer.
The numbers are staggering: a projected pre tax free cashflow of A$1. 854 billion over ten years, with an internal rate of return (IRR) of 53. 1% and a payback period of just under two years.