OTCPK:IVWFF - Post by User
Comment by
hodgigreon Jan 15, 2004 8:49pm
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Post# 6901466
RE: PV
RE: PVEnigma, you would probably feel more comfortable with this then. Reading the November 24th update on the IVW website announcing the completion of the BFS, it would appear that despite JJ's assertion that no discount needs to be applied, IVW chose to report the following.
https://www.ivernia.com/news/031124.htm
Magellan Bankable Feasibility Completed
On November 14, completion of a bankable feasibility study was announced, confirming the expected robust returns of the project with an estimated net present value of $65 million at a 7.5% discount rate and an internal rate of return of 43%, assuming an LME lead price of US$625 per tonne or US$0.28 per pound and an Australian dollar exchange rate of US$0.70.