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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Post by paperbiz89on Oct 28, 2014 12:42pm
196 Views
Post# 23068156

PEA Estimates

PEA EstimatesWhat are folks estimating the after tax NPV of the project will be? Too bad they will not be able to incorporate the upcoming Ecuadorian fiscal changes in the report as that will come much later. I just hope that the existing terms will not depress the value of the project too much!

Lundin seems to have got the Fruta Del Norte project for cheap. Does that reflect the level of risk in Ecuador? Crucially though, Kinross will still particapte in the project through its ownership of shares in the new vehicle to be created.

I am just hoping for good figures when they are announced. Hoping for no more dealys, but it wouldn't be surprising if it does happen.

ALL THE BEST.

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