MoneyK, I was wondering if you would teach me how you did your NPV calculations.
I have made an attempt below but there a few things where I don't know where to plug them in.
Step 1. Calculate the Cash Flow per Year: using your prices: Copper $3.15; Gold $1,300; Silver $17.50; and Molydebum $10.00.
I don't know where to plug in the Sustaining cost of $1B?
|
FS/PEA (2021) |
|
|
|
Annual production |
(Y 1-7) |
|
Copper (M lbs) |
262.6 |
$827,190,000 |
Gold (T ozs) |
236.5 |
$307,450,000 |
Silver (M ozs) |
1.3 |
$22,750,000 |
Moly (M lbs) |
11.5 |
$115,000,000 |
CuEq (M lbs) |
403.9 |
|
|
|
|
|
Total in US$ |
$1,272,390,000 |
|
Total in Cdn$ |
$1,652,454,545 |
Cost per lbl: based on copper only |
262.6 |
$393,900,000 |
Sustaining Costs ($1 B over 21 years) |
|
$47,619,048 |
Cash flow: Years 1 -7 |
|
$1,210,935,498 |
|
|
|
|
|
|
|
|
|
Annual production |
(Y 8-21) |
|
Copper (M lbs) |
218.9 |
$689,535,000 |
Gold (T ozs) |
170.5 |
$221,650,000 |
Silver (M ozs) |
1.3 |
$22,750,000 |
Moly (M lbs) |
12.2 |
$122,000,000 |
CuEq (M lbs) |
335 |
|
|
|
|
|
Total in US$ |
$1,055,935,000 |
|
Total in Cdn$ |
$1,371,344,156 |
Cost per lbl: based on copper only |
218.9 |
$328,350,000 |
Sustaining Costs ($1 B over 21 years) |
|
$47,619,048 |
Cash flow: Years 8-21 |
|
$995,375,108 |
|
|
|
Step 2: Calculate the NPV.
I plugged in the numbers - the first 4 years I avaraged the $2.8B construction costs.
But I'm off your calculation of $4.7B NPV. Where have i gone wrong?