RE:RE:Take over price the reality $100, ps pumpers gonna pumpgrape562000 wrote: Another way to look at this is that Scott said that Rovina will yield around $50-60M in annual cash flow, Yamana just sold a mine cash flowing ~$200M annually for around $1B dollars (plus a 2% NSR).
You can crunch the numbers many different ways, but I think this is not unreasonable.
Please learn to read a balance sheet, an annual statement and a PEA first. And once you understand it, you can think of writing something qualified and correct!
At Chapada's $ 200m Mine Operating Earnings, DDA (depreciation, depletion and amortization) has already been deducted. Scott Moore spoke of $ 50m to $ 60m free cash flow. DDA then has to be deducted from this, in order to receive mine operating earnings. And do not forget: the CAPEX of Colnic is $ 350m.
huberpeter91 has already explained: Chapada is a built large-scale mine, which produces very profitable.
urai58