ENGAGED
Project Elevator Pitch
Confidential · For registered investors
Issued
2026-09-28
BLU
Queensland · In-Ground Assets
Gold & Silver Mine | Australia
In-Ground Assets
Capital Sought
USD 65,000,000
Spent to date
USD 16,000,000
Country
Queensland
Repayment
Operations & Management Agreement · Other Off-Take Agreement
Submission Ready Indicators
LTV Expectation
75%
Land / Site
Sale/lease agreed
EPC Contracts
Signed
Off-take Agreements
Signed
Projections
Completed and available
This opportunity qualifies for Internationally A+-rated Insurance Wrap — elevating the debt element of project financing through the Lloyds-of-London insurance market.
About this opportunity
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.
Five-year projections
All figures in USD| USD | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Turnover | 0 | 7,956,000 | 42,040,000 | 47,210,000 | 47,210,000 |
| EBITDA | 0 | 1,807.000 | 35,580,000 | 40,681,000 | 40,555,000 |
| Margin % | 0 | 7.2 | 84.63 | 86.17 | 85.9 |
PFX registered investors were provided with the dataroom for this project prior to listing.
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Confidential — PFX Registered Investors Only · Not for redistribution
PFX / BLU / 2026-09-28