CTGO Will Crush Even NVIDIA in 2025 with $12M Revenue Per Employee

Contango ORE (CTGO)’s 30%-owned Manh Choh project is expected to produce 200,000 ounces of gold in 2025, giving CTGO a 60,000-ounce share of that production.

At the current gold price of $3,278 per oz, CTGO would generate $196.68 million in annual revenue — divided by just 12 employees, that’s $16.39 million in revenue per employee. Due to lender-mandated hedges, actual reported revenue for 2025 will be about $12 million per employee — still enough to rank CTGO among the highest revenue per employee companies in the world.

For context:

• The average U.S. company generates $200,000 per employee annually
• Top-tier (75th percentile) performers average $561,152
• NVIDIA (NVDA) generates $3.625 million per employee

With hedges in place, CTGO will generate over 3x the revenue per employee of NVIDIA — even at today’s low gold prices.

If gold holds at $3,278 per oz once hedges roll off, CTGO’s figure jumps to 4.52x NVIDIA.

If gold rises to $5,000 per oz, CTGO will generate $25 million per employee — 6.90x more than NVIDIA.

🏗️ Future Production Growth: Billion-Dollar Upside

As CTGO’s Lucky Shot and Johnson Tract projects come online in the years ahead, total attributable production will reach 200,000 ounces annually — fully owned and operated by CTGO.

At $5,000 per oz gold, this implies potential annual revenue of $1 billion. Both projects boast exceptionally high grades — even higher than Manh Choh — setting the stage for industry-leading profit margins.

CTGO plans to use the Direct Shipping Ore (DSO) model for both, eliminating the need for on-site mills and tailings facilities. This model slashes capex, shortens timelines, and removes mill-related startup risks.

• Lucky Shot is fully permitted with low capex
• Johnson Tract’s PEA shows payback in under one year

There is no financing risk: CTGO is expected to be cash-rich by the time these mines are built. And because Johnson Tract requires no mill or tailings facility, the path to permitting is clear — a sharp contrast to the Northern Dynasty Minerals (NAK) Pebble Project, which continues to face major regulatory obstacles.

🏔️ Alaska’s Premier Gold Story

CTGO is on track to become the world’s #1 highest-grade mid-tier gold producer — and it’s all happening in America’s safest, richest gold frontier: Alaska.

High-grade meets high-growth with Contango ORE (CTGO).

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from CTGO of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.