Alderon Iron Ore Corp AXXDF

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

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Alderon Iron Ore Corp

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Comment by Greenandgold.on Feb 27, 2012 1:21pm

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Post# 19592145

RE: RE: RE: When is the move?

ADV's PEA had a $3.07 billion NPV (8% discount) solely based upon the 422 million tonne resource in the Rose Central zone, with a planned 8MT per year production rate. The definitive feasibility study will calculate NPV based upon what will likely be a 1.2 billion tonnes total resource that includes the Rose North and Mills Lake deposits, with a 16 MT per year production rate.

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Triple the total resource and double the production rate, what kind of NPV will the report estimate? I expect at least $6 billion NPV for Kami, but it could be even higher.

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