April Presentation On the ETG website, although the webpage navigating through the Investors Tab it will say "January Presentation" it has been updated, and click it to see the updated April presentation.
Note copper is up again today ... nipping $4.80USD the pound.
Note ETG's NPV calculations in their presentation (using an 8% discount rate - pretty conservative if you ask me, the week after we momentarily saw an inverted yield curve on the US 10 year treasury), they use an assumed CU price of $3.25 a pound, against life of mine all in costs of $1.25 lb.
Which ... drives gross mining profits from $2 to $3.50 or more per pound of CU produced. Which can't hurt ETG's valuation one bit!
Ya just gotta luv it!
FMCDH
The Trailer Park is bathed in golden light this morning.
cg