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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by Philtmcnastyon Feb 17, 2016 12:04pm
268 Views
Post# 24566464

RE:Project Costs Down, COO Currie Out !!!!

RE:Project Costs Down, COO Currie Out !!!!After tax NPV at $800 gold price of $720M is still higher than current market value of PVG.
That ascribes zero value to any exploration potential.
While there is a lot of uncertainty in mine start up, you can bet that at $800 gold there will be no shortage of used mining equipment going for fire sale prices, not so mention miners looking for a job.  That would likely bring construction and operating costs down significantly.
Bullboard Posts