Cerro Prieto's PEA Cerro Prieto's Preliminary Economic Assessment https://www.orocoresourcecorp.com/News-Releases/Dec-15-10.html indicates at
gold price $1000 NPV is 37million IRR is 92%
gold price $1350 NPV is 74million IRR is 157%
but 1350 gold is history........1350 is 35% greater than 1000 lets look at 35% greater than
1350 which is 1822. So what does hte PEA imply about the NPV at 1822. Well the NPV
increased by 100% from 1000 to 1350.....from 1350 to 1822 the NPV will increase by MORE
than 100% because many cost inputs are relatively fixed. But lets use 100%. So NPV will be
greater than 148 million. Analogously since the IRR increased by 70% from 1000 to 1350, the
IRR will be greater than 267% at gold 1822............IRR sounds stratospheric to me! And the
capital expenditure is only 22 million of which they already have agreements for about 20
million.
And what about Xochipala?