GREY:SOHFD - Post by User
Comment by
Spikearoo1on Jan 19, 2018 4:37pm
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Post# 27397666
RE:RE:RE:RE:RE:RE:Profitability
RE:RE:RE:RE:RE:RE:ProfitabilityHi Shakey,
Very interesting...is your 80% discount, how realistic? You have already taken into account recovery rates as per each metal mined. Could your discount also be considered your cost to mine?
If i recall, the CEO said that they were able to achieve a 30% IRR in a radio interview that took place a while back. So if the achieved those numbers would it be fair to assume your numbers could increase by say 50%, translating into a $45 million USD annual profit at todays prices? I guess off take agreements would also have to be taken into account as does that not mean that they have presold the ore at a fixed prices? What about any NSR's?
Cheers...Spike...