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.)