OTCPK:VDMRF - Post by User
Comment by
opagangnamstyleon Feb 28, 2020 7:58am
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Post# 30745551
RE:RE:Mt. Sorcier
RE:RE:Mt. Sorcier Isnt it 3 years payback once they start constructions? It is very rare to have an IRR over 40% (pre-tex) over 37 years, can't really think of another mine with that return over such a long period.
Also what is worth to mention is that this is just the initial PEA, they seem very confident to lower the CAPEX and also improve the mine with better recovery studies. They also mentioned that the operational cost could be MUCH lower if they manage to find a partner in North America.
It will be very interesting to see which strategic partner they manage bring into the company.