RE: RE: RE: RE: RE: RE: Off-Take "Mark, when u say 'nothing cums for free in life' are you saying my revenue forecasts should be cut in half ?
My Off-Take only effects 10% Production, that in essence builds the mine with no dilution. EPS may even be higher w/o funding Capex through share issuance like the bankers want. Cheers, mark (a Royalty would be an alternative, would a 5% LOM Royalty net of costs be worth $200M? On 100KT's per year at $10K/t is $1B less costs and taxes, net maybe $500M. A 5% Royalty would be $25M/yr lom, a good return on a 20 year mine)