valuationThe NAP is 106 million dollars based on following assumptions.
1. Metal price and excange rate: Persistence forecasting for the next 12 years (Price will stay at current level for the next 14 years.)
2. Interest rate and discount rate: 8%
3. Mine production starting date: 24 months from today.
4. All other numbers are based on infomation supplied by the feasibilty study.