Not really - i mean this is still a E&D company. It did have a couple of notable achievements since i last looked into it - mainly the fact it filed its prefeasibility study on ESKAY. When i responded in May, it looked decently valued compared to its NPV. With the new PFS, it looks like it is estimating an NPB of $1.4B on based gold prices of $1,550 per oz - this is better than the $1.5B on gold prices of $1,900/oz previously estimated.
It is also estimating really low AISCs of $702/oz which would put it as a low-cost producer.
That being said - still plenty of risk here as construction will still take years. Interestingly, the PFS did nothing for its share price and it is down from the $15.00 range from when i looked at it a few months ago. The next catalyst would be the actual Feasibility Study which is expected in Q1 of 2022 at which point it expects to see the production mine life extended.
Overall, not much has changed. Still looks decently priced based on NPV which actually looks better than previously anticipated based on the PFS. It'll take quite a while for this one to play out fully.
Mat