Sulfide project and valuation queries, page-2

It's not as simple as looking at yearly production. Alacer has 4M ounces of reserves (along with the JV partner). And they have the Oxide plant which has considerably more life in it yet based on recent drilling.

You won't find many assets under development with that level of reserves. Plus the production is much higher in the first few years and already stockpiled (= earlier debt repayment).

I posted this summary a few months ago.