TSX:ERO - Post Discussion
Post by
Tree2tree on Feb 02, 2022 2:50pm
Financing = building another mine
Isn't anybody excited by that? That's how mining companies make money. How much money?
- Post-tax NPV8% of US$380 million
- Post-tax IRR of 41.8%
- Post-tax payback period of 1.4 years
All based on conservative copper pricing under $4. And the actual interest rate on the financing is lower than the 8% used in the estimate, further increasing the NPV.
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