Mirabela Nickel Ltd Ord MRBAF

RE: drastically undervalued

[tigersea]

more numbers, where does that 23 years come from?? all assume 1cad=1usd, m&i 69.2mt base case from the initial throughput 4mta npv @12%, $6cad net profit/lb net of credit, 35M lb/year 17years mine life is $1495M npv @10%, $6cad net profit/lb net of credit, 35M lb/year 17years mine life is $1684M npv @12%, $9cad net profit/lb net of credit, 35M lb/year 17years mine life is $2242M npv @10%, $9cad net profit/lb net of credit, 35M lb/year 17years mine life is $2526M npv @12%, $12cad net profit/lb net of credit, 35M lb/year 17years mine life is $2990M npv @10%, $12cad net profit/lb net of credit, 35M lb/year 17years mine life is $3369M if increase throughput to 4.6mta, mine life shorten to 15years npv @12%, $6cad net profit/lb net of credit, 41M lb/year 15years mine life is $1675M npv @10%, $6cad net profit/lb net of credit, 41M lb/year 15years mine life is $1871M npv @12%, $9cad net profit/lb net of credit, 41M lb/year 15years mine life is $2513M npv @10%, $9cad net profit/lb net of credit, 41M lb/year 15years mine life is $2806M npv @12%, $12cad net profit/lb net of credit, 41M lb/year 15years mine life is $3350M npv @10%, $12cad net profit/lb net of credit, 41M lb/year 15years mine life is $3742M