GMM
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0.00% 65.5¢ general mining corporation limited

Should read cash flows not cash lows. Gmm has to pay 18 million...

  1. tradedemon
    2,273 Posts.
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    07/12/15
    13:13
    Post #: 16560662
    Should read cash flows not cash lows. Gmm has to pay 18 million out of profits over three years so this would reduce npv share. Drilling would increase mine life and net present value. The current npv is just based on current minelife and metallurgical assumptions as per asx announcement.
    GMM Price at posting: 19.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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