RE:GE21 Technical Reportkha341 wrote: Conclusion: As GE21 estimation seemed to be so out of whack for 2022 should we not take its “US$2.8 Billion Pre-Tax / $2.0 Billion After-Tax NPV7% and US$5.8 Billion Pre-Tax / $4.2 Billion After-Tax Life of Mine Cash Flow” with a pinch of salt (to say the least)?
Oh Dear. What did you think that report is? Nonbiased valuation? It's a model that has been ordered and paid for by the company. Guess where the numbers lean towards! Same goes for a BFS/DFS, PFS, whatever. Taking these at face value is absurd from the beginning.