Sunridge Gold's Asmara project "attractive and financeable"Sunridge Gold's Asmara project "attractive and financeable", says Eric Coffin of Hard Rock Analyst Journal Asmara project in Eritrea fits the bill of good long life base metal projects that are in demand, with the potential for other satellite projects to extend the estimated 15-year life, writes Eric Coffin of Hard Rock Analyst Journal. The company, in which Coffin is a shareholder, has advanced its project to full feasibility stage, and has been in discussions with banking groups about debt financing for the property, also getting interest from senior companies. The project has "fairly strong internals", writes Coffin in a February 25 edition of HRA Journal, with a pre-tax net present value of US$692 million, at a 10% discount rate, and an IRR of 34%, with metal prices near those of today. https://www.proactiveinvestors.com/companies/news/52608/sunridge-golds-asmara-project-attractive-and-financeable-says-eric-coffin-of-hard-rock-analyst-journal-52608.html