Fabled Silver Gold Corp T.FCO

here are the numbers , someone do the math , royalties

[farml1234]

How much should we pay ?????  This is the old study  and i think they increased everything about 15% per longer mine life   ,, i would use $30.00 for cobalt ,, $2.50 copper and gold   ?????????????


The Feasibility Study (“FS”) is based on an underground mine with a target production rate of 800 short tons per day (“tpd”) and a weighted average annual production of 2.4M lbs of cobalt, 3.3M lbs of copper and 3,000 oz of gold over a 12.5 year mine life with an estimated pre-production period of 24 months utilizing a 0.25% cobalt cut-off grade. The economic model uses a 34% corporate tax rate and a 7.5% discount rate, resulting in an after-tax NPV of $135.8M and an IRR of 21.3% using an average base case price of $26.65/lb for contained cobalt in cobalt sulphate.