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  "documentTitle": "Fort Capital | Investment Banking Pitch Book | 56 slides",
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  "authorName": "Fort Capital",
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  "presentationDate": "2021-10-01 00:00:00",
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  "notes": "The slide uses a bar chart integrated into a table to visualize TAC values and highlights a selected range of 60-65% for TAC % of spot.",
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      "text": "Source: CapitalIQ, Market Intelligence and Company Disclosures. (1) We included transactions as per the following criteria: pre-production stage, gold primary asset (35%+ AuEq) located in the North America, with transaction value (100% basis) greater than US$75M transaction size for an ownership stake >/=50%",
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      "text": "PEA Stage or Prior (Dark Blue) vs Post PEA Stage (Light Blue)",
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      "text": "Comparable deals in the space have transacted at an average TAC of $978/oz, representing an average of 65.5% of spot gold prices (1)\nSelected range reflective of earlier stage of assets",
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