Multi-Metal Development Ltd V.MLY

Correct me if im wrong .

[raber]

Did we once have a 16 billion NPV ?

"Using an 8% discount rate, the base case in the 2020 Preliminary Economic Assessment, the CuMo project's Net Present Value is $356 million dollars with a payback period of eight years. Management believes that further exploration and drilling could raise this value and reduce the payback period."

[silverbaronalbe]

Yes and I believe your correct and if not certainly in the ball park - that is why no low ball offers have been considered.

[tennispro]

What The f are you talking about now? Silver What you smoking? 

[silverbaronalbe]

Yes and I believe your correct and if not certainly in the ball park - that is why no low ball offers have been considered.

[babymines]

Money, GTVL will provide the millions needed to drill, pre feasability. Don't they need like 50 million to feasability. To set up a mine they will need 100 milion. spend 150 million to double your money. All on red.

[tennispro]

Raber wrote 16 billion npv to 350 million npv  That's a huge downgrade no??  Cost to build the mine is 1 billion?  What the f is going on here? 

[raber]

Anyone have any insight to this ?

[tennispro]

Moose pasture Raber