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Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. The Company’s flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The Nickel Shaw project is located in the southwest of Canada's Yukon Territory, approximately 317 kilometres (km) northwest (NW) of the capital, Whitehorse. The Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska. The Company also maintains environmental baseline activities, considers optimization alternatives and seeks other opportunities.


TSX:NCP - Post by User

Bullboard Posts
Comment by Dobbsieon Mar 08, 2012 5:37pm
227 Views
Post# 19646210

RE: RE: Share Price Weakness

RE: RE: Share Price Weakness

>>Would anyone care to run the numbers publicly in the forum? 

I'll give it a shot...

$50B Metal in the ground. (at today's prices.)

$25B Metal in the ground  (at more conservative prices-50% of current)

80% recovery (from processing loss and ore outside the pit design = $20B)

Costs is a BIG question.  Let's say for the sake of conservatism: $10B mining and processing costs.

Left with $10B Recoverable ore over 20 Years = $500M.Year

NPV at 8% for $500M for 20 yrs = $4.9B

 

(I showed my work so anyone is free to dispute any part or the entire methodology.) 

 

Bullboard Posts