RE:RE:RE:RE:RE:Thanks Goldengreen!How NPV works: The NPV now is US$807M, The NPV in 5 years is about US$1,018M
This is with no changes except that the cash flows are no longer so far in the future.
In 5 years, the mining method will be proven and the biggest cash flows will be emminent. So the old NPV figure of US$807M will be irrelevant. Since the new NPV will be over US$1 billion, there is no way a price of C$630M (which is only US$504M) would be adequate. And all that is assuming copper at $2.75