124 OPPORTUNITY ZONE MAGAZINE | ISSUE 2 • VOLUME 2
produced hundreds of millions in mineral extraction value from the time the Hearst / Rockefeller families launched it in 1860 until its closure in 1984 . Stone wowed the judge panel with a presentation that emphasized the project as a turnkey opportunity with over $ 28 million in required infrastructure work ($ 920 million in present-day construction cost ) already completed and an assessed project value of $ 15.6 billion . Subsequent investment would thus be expected to yield firstyear revenues of $ 52 million , a 5-year EBITDA of $ 193 million and a 10-year ROI of 39 %, as well as an enormous social impact footprint combining the thousands of mining industry jobs created with the commerce , education , civic growth and goodwill benefits of Darwin returning to the booming industrial town of 5,000-plus residents it was at the height of its yesteryear glory .
Other competitors included : the Relevant Group , Reliable One Resources , Company of Nomads , Veterans Victory and ELITE Opportunity Fund .
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