RE:RE:RE:RE:GCM valuation...Brioch you are not on present earth.
npv = net
present value of US$760 mil @1500 gold with 5% already discounted every year.
$760 mil is the
present value, not
future value!
it is not nfp = net
future value, it is npv.
the future value adds back that 5% every year and that
future value is
US$1.77 billion in free cash.
present gold price is much higher than $1500.
future gold price in 14 years will probably be well over $2000, it will not stay at $1500 used in that study, making the future value even higher.
do you see the difference between present and future now?
Brioche wrote: Invest... please , come back on earth with us ...
The project you are refering to ( phase 2 ) , is not .... before 13 or 14 years .
Fino could not even be alive and may be some of us . -))
We have not even a road for exploiting toro.
Step by step . Serafino don't even know what choice he will do short term ....so ...
I will continue to read you with pleasure however .-)