Question for you guys Lots of knowlegeable investors on this thread so I will ask you.
I am trying to appy a DRC discount (all other things being equal) to IVN's KK mine assuming a 30+ year mine life.
I have guesstimated a 30% discount to the market value of the mine vs if the exact same mine were to be in a mining area of the USA or Canada.
Does this seem in the pocket?... Way too much? Way to little?
Thanks,
Notgnu
PS none of the posters on the IVN thread are brave enough to come up with a number... or they just do not want to answer me.
Cheers,
N