RE: RE: RE: MSQ TCM and GMOHuh. This will be my last post today. How many times I have to embarrass you?
First, it's a shame that you didn't get this:
"We don't need to discuss about specifics of deposits. Engineering firms have already made the calculations for us and we can just take Mo price and check IRR. Mt. Hope wins hands down. "
Anything else is just you trying to make noise.
Forget the molybdenum equivalent use the real grade MoS2% versus MOS2% as I have done credits are a bonus.
I used the MoEq to be fair with Cumo. They do have by-products. It would look even worse if I omitted the credits. As they are calculated into the equivalent grade.
Since you brought this up it's your responsibility to come up with the cost per tonne milled for each company along with the MoS2 grade. The numbers are most revealing. Beware, I will keep an eye on youso that you don't check. We all will be waiting...
Cumo IRR 3% (NPV -500million) at 50000 tpd and $11.25/lb Mo. Avoid.