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Ann: Successful $15M Capital Raise and Media Speculation Response, page-32

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Cashmeoutside

859 Posts.

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22/01/19

18:04

Post #: 37190423
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Originally posted by lightning23 ↑

Originally posted by Cashmeoutside
I think as a guide you could use the DFS results which I think will be around $450m post tax NPV (10% d.r, $3/lb Cu).. or more conservatively $350m post tax NPV (10% d.r, $2.70/lb Cu).. then assume 300m shares raised at 33cps to get the $100m equity to build the plant, taking SOI to roughly 650m. That’s $350m NPV+ $100m cash over 650m SOI is 70cps.

I think 70cps should be a bare minimum as this excludes all exploration upside and Cu upside above $2.70/lb... but we’ll wait and see the DFS and exploration results over the next couple of months. A lot of numbers and speculation... I am of the belief it will be multiples of the 70cps above after a bit more drilling...
I think your 100 million cost to build a processing plant and all the associated infrastructure is a bit light.
then you have all the stripping costs and mine development costs to boot.

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Cost to build is included in an NPV mate - it’s the net present value of all future cash flows (inflows or out).

MOD Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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