Monitor future filings for updates on the project's capital expenditure and construction progress. The cost-plus nature of the contract means the final project cost could exceed the current control budget, which may impact future cash flow and financing needs.
Price Chart
Executive Summary
Perpetua Resources Corp. amended its engineering, procurement, and construction management (EPCM) agreement with Hatch Ltd. to formally include the design and installation of the pressure-oxidation and oxygen (POX/O2) system for its Stibnite Gold Mine Project. The amendment sets a total control budget of $204.3 million, with $42.0 million allocated to the POX/O2 system, and establishes a performance guarantee with liquidated damages or bonuses based on test results.
Key Financial Metrics
Key Facts
- Perpetua Resources Idaho, Inc. (a subsidiary) amended its EPCM agreement with Hatch Ltd. for the Stibnite Gold Mine Project.
- The amendment formally adds the POX/O2 system to Hatch's scope of services, with $42.0 million of the $204.3 million control budget allocated to this system.
- The agreement is on a cost-plus basis with a performance-based incentive pool; the control budget is not a guaranteed maximum price.
- A process guarantee (performance guarantee) has been established with potential liquidated damages or bonuses based on acceptance test results.
- The amendment also updates intellectual property provisions to support potential project financing.
Financial Impact
Total control budget of $204.3 million, with $42.0 million for the POX/O2 system. The final cost is not fixed and subject to change.
Risk Factors
- The control budget is not a guaranteed maximum price, so project costs could increase significantly.
- The success of the POX/O2 system is critical for gold extraction; any delays or performance issues could impact the project's economics.
- The project is subject to regulatory and permitting risks, which are not addressed in this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-024122 |
| Document: tm268005d2_8k.htm | 0001104659-26-024122 |
| Document: 0001104659-26-024122-index-headers.html | 0001104659-26-024122 |
| Document: 0001104659-26-024122-index.html | 0001104659-26-024122 |
| Document: 0001104659-26-024122.txt | 0001104659-26-024122 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 6w ago | 8-K | $24.39 $22.55 | ▼ −7.54% | ▼ −6.02% | $20.38 (−16.44%) |
Aug 17, 2026 6w ago | Press Release | $24.39 $22.55 | ▲ +7.54% | ▲ +6.02% | $20.38 (+16.44%) |
Jun 11, 2026 16w ago | Institutional Cluster | $23.44 $19.80 | ▼ −15.53% | ▼ −17.42% | $20.38 (−13.05%) |
Jun 10, 2026 16w ago | 8-K | $23.44 $19.80 | ▼ −15.53% | ▼ −17.42% | $20.38 (−13.05%) |
Jun 1, 2026 17w ago | 8-K | $25.74 $20.76 | ▼ −19.35% | ▼ −18.05% | $20.38 (−20.82%) |
May 21, 2026 19w ago | 8-K | $25.32 $22.80 | ▼ −9.95% | ▼ −8.54% | $20.38 (−19.51%) |
Apr 24, 2026 23w ago | DEFA14A | $29.14 $26.72 | ▼ −8.30% | ▼ −12.33% | $20.38 (−30.06%) |
Apr 9, 2026 25w ago | 8-K | $30.13 $29.90 | ▼ −0.76% | ▼ −8.33% | $20.38 (−32.36%) |
Apr 2, 2026 26w ago | Insider Cluster | $29.43 $27.61 | ▼ −6.18% | ▼ −16.06% | $20.38 (−30.75%) |
Mar 5, 2026 30w ago | 8-K | $32.18 $29.16 | ▼ −9.38% | ▼ −7.34% | $20.38 (−36.67%) |
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