RE:RE:I see IRR as 20%70m to acquire Gryphon is cheap and they did right on that front
kkkrrr wrote: We all know a higher POG is better for a minerbur you have to use a average POG over the last years in such a study... 15% POG is dissapointing..at 1100 POG the IRR is nearly zero ... this makes this project risky... in addition, they bought this project fur 70 million$ and puttet serveral millions pre-construction capital into Banfora (drilling , feasibility study... appr.30 million usd)... and now the NPV is near 90million USD.. thats a joke... why they bought this? They will create no value for old sharehokders unless pog goes to 1400$ ++++ ..... idiotic aquisition