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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: brian krause who wrote (19119)5/6/1999 7:31:00 PM
From: maintenance  Read Replies (3) | Respond to of 26850
 
Here's the latest, I did it really fast so if there is anything you
see that should be updated let me know.

Rate 10%
Yrs 15
Tons 17,000,000
cost/ton 86.41
Rev/ton 400
G&A/yr 1500000
Marketing 7%
Tax after payback 45%
Capital cost 103000000
WSP share 68%

NPV/Share $10.61

Based on prior results I think it was $5.92, $5.20 is close enough.
The NPV is quite sensitive to the value and grade.


Lorne,
"If it was as much of a sure thing as some would have you
believe wouldn't it have been moved on already by the
usual suspects?"

If you buy the efficient market theory this might be true. I think
the theory is absurd. Besides that, nothing is a sure thing.

Cheers