Imperial Metals (IPM.T) Message Board

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Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.850

-6.6%

Nov 13 3:59 PM EST

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To: refugee investor who wrote (655)	9/23/2010 2:14:34 PM
From: teevee	Read Replies (1) of 1366

lets assume 100,000 tonnes/day at 10 pounds copper equivalent per tonne, at $3.00/lb minus $10/tonne operating cost=$2 million/day pre tax cash flow. Assume 3rd party pays development cost for 50% leaves $1 million/day for III. On an annualized basis, that is about $9.00/share pre tax cash flow. What would you pay for that?

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