GREY:WFEMF - Post by User
Comment by
kilgoron Jul 07, 2015 4:47pm
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Post# 23900229
RE:RE:feasibility report (summer reading)
RE:RE:feasibility report (summer reading)I agree as well. I am very curious how you calculated NPV. Did you discount the cash flows over a 9.5 year period at each price level?
Earnings per year at $12,000/tonne: 4,393 Tonnes at 81% recovery rate times $12,000/tonne = $42.7 M
NPV of that alone at 5% is $317M. At 600M shares (and I am assuming more dilution in the future), that is almost $0.53/share.
If I factor in assets and debt, I don't think I will get a number as low as yours.