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7.0¢ myanmar metals limited

Ann: China Pit Scoping Study Finalised, page-14

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ddzx

28,706 Posts.

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14/09/18

12:24

Post #: 35602310
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Originally posted by densamer ↑

I get less than 24 months payback (about 18 months). Project IRR of about 90%. Big uncertainty for MYL is the production sharing agreement, that's why this line in the scoping study is important.

The Company is aware that the new mining regulations allow for profit sharing arrangements and, to this end, the Company will seek to negotiate a more optimal arrangement which will ensure the deposit can be mined profitably for a longer period than may result from the existing fiscal arrangement.

I've commented on the PSA in the past.

https://hotcopper.com.au/threads/an....4227094/page-6?post_id=33512272#.W5sMgSWuY0M

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i am not sure how to calculate IRR but i think if NPV is made zero then the "rate" = IRR

i get 31% IRR

i get $AUD NPV of $156M at 10% rate for MYR profit share

current market cap at 6.5 cents is $89M

Last edited by ddzx: 14/09/18

MYL Price at posting: 6.2¢ Sentiment: None Disclosure: Not Held
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