GREY:PGDIF - Post by User
Post by
oiltaron Jun 30, 2016 12:32pm
106 Views
Post# 25012696
NPV $600 million?
NPV $600 million?Market cap $70 million.
you are buying PGD at 8.5 times less than its fair value.
I draw your attention to JKs NPV figure on the eve of the PEA shwing it:
| Economic Outcome - Discount Rate: 9.0% - CAD AT NPV: $667.0 million - Fair Speculative Value |
| Gross Rock Value (USD/t): | $273 | Recoverable Rock Value: | $276 | Payable Rock Value: | $273 |
| LOM Net Payable Revenue (USD): | $2,903,407,769 | LOM PT Cash Flow (USD): | $2,040,952,387 | LOM AT Cash Flow (USD): | $1,369,293,650 |
| USD Pre-Tax NPV: | $921,665,920 | Pre-Tax IRR: | 65.5% | Pre-Tax Payback: | 1.5 |
| USD After-Tax NPV: | $531,301,868 | After-Tax IRR: | 44.8% | After-Tax Payback: | 2.1 |
| CAD Fair Spec Value Low: | $66,673,071 | CAD Fair Spec Value High: | $166,682,679 | CAD Implied Project Value: | $69,219,737 |