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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Post by loparnon Oct 22, 2010 3:34pm
466 Views
Post# 17600241

USD 10 billion

USD 10 billionThat´s the amount of metal value that the historical resources in the Pine Point and Los Pinos projects represents (as far as I remember now with  regarding the Los Pinos figure).
IF such resources will be profitable you could imagine that at least a tiny share of those billions should be left to Tamerlane shareholders :-) 

Todaÿs metal prices indicate some USD 165 million for the Pine Point project in NPV after tax for the first 9 years
It is very probable that metal prices will average much higher during tose 9 years => even higher NPV

Off course there could be higher costs than predicted in the presentation, but the upside in NPV is huge due to the leverage effect if metal prices will be higher..
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