GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 21, 2021 5:25pm
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Post# 33424566
RE:RE:RE:RE:RE:Puszy paper exiting before 10:1 = Good buying time
RE:RE:RE:RE:RE:Puszy paper exiting before 10:1 = Good buying timeIt comes down to how you do the accounting. If you do not, in your own valuation, capitalise the ineffeciency into the cost of mine building for the future full run rate cash flow then yes, you can argue lower cash flow. Point is that even if part of the ore is delayed from getting to the surface and the mill, the workers and machines are still working underground and building access to the other stopes etc. Those costs just end up being pre-payments against future costs (thus capitalized) in my way of creating a valuation model.
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Fishbillion wrote: Previously did snots..... its simply not...