Every bankability-complete asset on the platform, in one filterable, rankable view, across three hard-labelled confidence tiers. After-tax (DFS/PFS-grade) assets are ranked on a single 8% real post-tax basis (npv8_common) so they sort against each other. Pre-tax and PEA/scoping-grade assets sit in their own segregated sections below and are never ranked against after-tax figures or fed into any comparator. Every cell is driven live from the structured feed at /api/v1/bankability.json — this page holds no independent numbers.
Read before you rank.npv8_common normalises the discount rate only (issuer NPVs reported at 5/7/7.5/8/10% re-stated to 8%) — it does not normalise the commodity-price deck, study stage, or fiscal vintage. A higher row is not automatically the better asset: a gold row at a US$3,000/oz deck and one at US$1,850/oz are both shown, both re-discounted, and are not price-comparable. issuer 8% = issuer already reported at 8% (Sourced); Derived = re-discounted by published method; excluded = comparator deliberately withheld (price/discount unconfirmed, or DRC data-layer-only). Name-row tags surface two overlays where present (Absent otherwise, never invented): a neutral Control & Capital Provenance map — controlling equity sphere (Western/African/Chinese/Co-ctrl, Derived from multi-source verification), with a → pending flag for announced-but-unclosed changes of control (control and offtake are independent and offtake is tracked in the data/feed, not surfaced as a badge while coverage is thin; Western % reflects public-disclosure culture, not the universe) — and an ACLED security band (⚑ Derived; shown ⚑ data-only for DRC, where the count is surfaced but the band is withheld under the Great Lakes data-layer-only firewall). Read each asset's basis in the feed before drawing a conclusion.
Loading the feed…
After-tax tier — ranked on common 8% (npv8_common)
Asset
Stage
Issuer NPV (as reported)
NPV @ common 8%
IRR
Capex
Pre-tax tier segregated — not comparable to after-tax
These assets' latest study reports pre-tax economics only. Pre-tax NPV structurally overstates value versus after-tax (no corporate tax, royalty or state-take deducted), so these are recorded on a hard-labelled separate tier, are excluded from npv8_common by rule, and are never ranked against the after-tax assets above.
Asset
Stage
Pre-tax NPV (as reported)
IRR (pre-tax)
Capex
PEA / scoping-grade tier segregated — preliminary, not comparable
These assets' best available economic study is PEA, scoping, or interim-economic-study grade — preliminary (typically ±35–50% accuracy), may include inferred resources, and cannot support a reserve declaration. They are lower confidence than the DFS/PFS-grade after-tax tier, so they are held on a hard-labelled separate tier, excluded from npv8_common and price_normalised by rule, and never ranked against after-tax or pre-tax assets. The tier relaxes study stage only — sourcing, vintage-matching, three-state labelling and the no-peak-price rule still apply, so a PEA at a flagged peak-price deck is still held, not banked.
Asset
Stage
PEA NPV (as reported)
IRR
Capex
Method & provenance. Three-State Quality Standard: every figure is Sourced (named primary issuer document + date), Derived (published method, e.g. level-annuity re-discount), or Absent (named, never invented). npv8_common backs out an implied level free cash flow from the issuer NPV at the issuer's own rate (reproducing it exactly), then re-discounts to 8% — isolating the rate effect only; it is not a full cash-flow rebuild and does not correct price vintage. Where an issuer publishes a discount-rate sensitivity table, 8% is interpolated from it rather than proxied. Full per-asset basis, caveats and sources sit in the feed: /api/v1/bankability.json. The curated walk-through of the headline cohort is at Bankability at a common 8% ›