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GLOBAL MINERALS LTD NEW GMFLF



GREY:GMFLF - Post by User

Bullboard Posts
Comment by rdwwwon Mar 06, 2008 10:09am
188 Views
Post# 14606367

re:43101 and metal pricing

re:43101 and metal pricingonce u have a 43101, you can then have a PEA done in which they will apply some $ to it. This should be easy for MAC to do as well once the 43 is updated, if the debt financiers want it. "basically a three-year backward-rolling average, discounted a further 20-per-cent, be used. Therefore the base case equals SEC guidelines minus 20 per cent"
Bullboard Posts