Quote:
Originally Posted by blkgsr
ah ok
maybe i read this wrong or don't quite understand it, but did you see the values they were putting towards the minerals in the report?
gold at $1075.00/oz
copper at $ 2.50/lb
silver at $ 16.10/oz
moly at $ 17.00/lb
those are very low numbers, which obviously makes it way better with todays current prices
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this is pretty standard for mining companies to use these long term prices when modelling - one could argue that today's prices are part of a short term bump and that long term they will revert to the above (although gold has no reversionary tendancies as copper does)
NI43-101 NPV and real world value do not go hand in hand, just look at what companies are being bought for vs their 43-101 report NPVs