OTCPK:MEAOD - Post by User
Comment by
topoftheridgeon Dec 10, 2016 10:55am
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Post# 25580123
RE:Marketwatch article Dec 9th.
RE:Marketwatch article Dec 9th.Thanks gnote1
i know someone here was questioning the PEA and the currency used...CDN vs USD
here it is in writing...
Highlights of PEA Barry (*) all in CAD dollars, include:
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Net present value (NPV) before taxes (at 6%) of $53.5 million;
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Internal rate of return (IRR) before taxes of 198%;
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NPV after taxes (at 6%) of $25.9 million;
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IRR after taxes of 94%;
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Capital startup of $8.5 million;
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Payback of 0.71 years with a gold price of $1,560 / oz;
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All-in production cost of $1,114 / oz
Gnote or Gspot, i like them both.