RE: RE: RE: Think positive folks "I totally believe New Gold would pay $75 million if it increases the value of their investment by $3 billion. It's a strategit deal. Time will tell & to be perfectly honest with all of you I would hold out for $100 mill. There is still work to be done guys. It's all about VALUE!!!!!!!!>"
Rainy Rivers Feasibility Study says 931 mio. after tax NPV (@5%) with gold 1400 $ and silver 25 $.
So NGD did pay around 330 mio or 35% (110 mio. shares x 3,83 - 90mio cash) of the NPV.
Taking you goal of 100mio this would mean if NGD pays 35% of the increase in after tax NPV this increase should be around 285 mio. which in my personal opinion is quite high.
Taking the 0,5cad this would lead to around 45mio. worth of BYV and taking the 35% it would mean that the ground/"resource" of BYV should improve the metric about 128 mio. (after tax!!!)
I would bemore than happy to see the buck but I do not think that BYV property can push the after tax NPV THAT much.
Just my personal opinion! DYODD!
Carinthian