GREY:ABGFF - Post by User
Comment by
windyguyon Dec 01, 2009 12:08pm
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Post# 16540433
Correction
CorrectionShould read $90,000,000 or 70 cents per share. That is pre-tax and pre-CAPEX cash flow.
You must then deduct $40 Million CAPEX plus cost of money and finance charges. The remainder then goes to taxes (if any) BLM royalties, and the balance to the treasury.
Any objections to my calculations from my previous post.
NPV of $12 Million or 9 cents per share with $800 gold going out 7 years.