SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Copper Fox

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: minder who wrote (9058)1/4/2015 9:53:19 PM
From: explorationguy1 Recommendation

Recommended By
Theotokos

  Read Replies (1) of 10654
 
Your approximation looks right. I found an NPV function on my Excel and entered rough values from the graph for all 26 years using 8%. I got an answer of $ 533 M which agrees with the $ 513 M value in the FS. Then I took out the first two years and blended the costs in the next 3 years. The result was $ 680 M, so something else must account for the huge differences in NPV and IRR. The 171 MT waste will stay as waste until it's drilled up. There's only a 10% probability you will get an Inferred number , so no one is going to make any assumptions about it and risk a major dilution problem with the head grades after the mine is built.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext