Paid Daily · Resources · Ask Plutus
Who will build KSM?
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ticker lesson
Breakdown
0:00Seabridge· ticker
Seabridge — 9 cents per $1 NPV, 10% KSM builder chance
- NPV at $4,000 gold = 9 cents per $1
- Market assigns ~10% probability KSM finds builder
- Speculation: Newmont with Bruce Jack/Red Chris in vicinity
0:01Newmont· ticker
Newmont — gold producer with regional investment
- Gold trades at higher cash flow multiple than copper
- Only major gold producer with regional investment = Newmont
- Bidder likely gold producer, not copper producer
0:02lesson
Auction dynamics — single bidder reduces time pressure
- Single bidder eliminates auction structure
- Time pressure lower at $4,000 gold vs $5,500
- Bidder may wait for gold price rise before acting
0:03gold· ticker
Gold — $4,000 price impacts project timing
- Upfront capex exceeds $7B
- Mining industry cites 8% annual capex inflation
- Gold price rise triggers urgent action
Informational only — this is In it to Win it’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.