RE:Comparison of Adumbi and Corvus Gold ( KOR )Reviewing the KOR offer, it is perhaps a bit low but recognizes the very low grades....even down to 0.2 gms/ton,,, and short life ( 8 years out of 14 and 3 years out of 8 ) of the most profitable grades.
Adumbi grades are 2.5 times higher and in mining, grades are worth more than ounces.
In that respect, Adumbi offers will be much closer to the NPV 5 than KOR..