Re: IRR 10.13% and a payback period of 6.5 years
in response to
by
posted on
Dec 21, 2012 06:48PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Why is everyone quoting the pre-tax numbers? The after-tax IRR is 8.3%.
Does anyone know what constitutes a "positive" feasibility study? Is it positive IRR or positive NPV? If it is the latter it could explain the delays and new ramp up strategy (65k tpd to 130k tpd).