1 point increase in the exchange rate increases the NPV by 75M
1 point increase in copper price increases the NPV by around 50M.
1 point increase in gold price increases the NPV by around 25M
The base case gives us a NPV of 513M with an exchange rate of 0.97, copper price of 3.25$US & gold price of 1445USD.
Today, the exchange rate is at 0.78, copper price is 2.98USD & gold price 1285USD.
Therefore:
Exchange rate is up 20% compared to base case.
Copper price is down 8% compared to base case.
Gold price is down 11% points compared to base case.
513M + (20 x 75M) - (8 x 50M) - (20 x 20M) = 1.2B
1.2B x 25% divided by 417M shares = 0.72 per share.
MoneyK