$811,731,000,000

BLU is an emerging Australian gold developer with four high-potential projects located across Queensland and New South Wales. The company’s strategy focuses on generating early cash flow through near-term toll-treated production while laying the groundwork for scalable, long-life operations. Its first two projects, G1 and V2, are scheduled to begin production by 2027 using existing third-party processing facilities. This approach reduces capital requirements and shortens the path to revenue. The subsequent development of the T3 and P4 projects will introduce company-owned heap leach and CIL facilities, establishing BLU’s long-term processing capacity and growth platform. Based on a conservative gold price of USD 3,500 per ounce and a 7 percent discount rate, the portfolio delivers an unlevered IRR of approximately 33 percent, an NPV of around USD 101 million, and a payback period of less than five years. Even under stressed assumptions, the projects remain economically robust. With a balanced mix of near-term production and long-term expansion, BLU Gold combines financial discipline, operational flexibility, and resource growth potential further positioning it as one of Australia’s most compelling emerging gold stories.