RE: RE: RE: RE: TAM refresher 3As for refreshers, these are the NI43-101 numbers for R190 with prices of 1,30 and 0,80 respectively. NO ONE would have believed this a year ago, but we are actually almost back at these impressive profitability levels again, with zinc spot now a bit below NI43-101 estimate at
1,13 and lead pretty high above its estimate at
1,05. Below is excerpt from NI43-101, page 129:
19.8.2 Results of Cash-Flow Analysis
The R190 deposit has the following economics, using forecasted prices of US$ 1.30/lb Zinc and
US$ 0.80/lb Lead:
Before Tax
IRR ............................................. 54%
Net Cash Flow ........................... US$ 52.7 million
NPV @ 5% ................................ US$ 40.9 million
Payback ...................................... 1.8 years