GREY:DULMF - Post by User
Comment by
goldsternpon Aug 14, 2014 4:28pm
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Post# 22843661
RE:RE:RE:From SA
RE:RE:RE:From SAWe are all trying to imagine what is going on behind the scenes so let me add a few more thoughts.
Why would ANTO exercise its right to buy 25%/35mm shares for 25% of the NPV of the resource when instead they could be buying shares right now at 5% or less of the NPV ?
I can't be bothered to calculate the IRR but if the earnings increase at the same rate as the discount rate then ernings 20 years out carry just as much weight as early earnings.
Could be that DM is trying to dress up the PFS or maybe they haven't got enough money to pay for it so Bechtel won't release it ?
The options are endless so let's hope the PFS is released soon so that we start the next round of speculation