Zinc & lead USD 1.12 new AAHMetal prices are really strong now, with the current level of 2 % over the level corresponding to a present value after tax cash flow of estimated USD 144 M from the 9 first years of the Pine Point project. With the 5 times leverage today´s metal prices so far theoretically incease the cash flow by 10 % to close to USD 160 M.
In reality these prices probably will average higher than that in the production future which will elevate the cash flow even more. At least zinc average around today´s price or slightly lower 5 years back.
So it looks really interesting now for TAM. A rally NOW seems more motivated than during Q1-Q2 2007 when the stock went from CAD 0.6 to 3 before the beginning crisis. Now we have the permits and a hopefully many years of China GNP rapid growth which translates to even higher growth demand for base metals and oil.
https://www.tamerlaneventures.com/images/pdf/Investor_Presentation_2010_09.pdf