posted on
Jul 07, 2008 06:55PM

Ni, Co, Cu, PGM, Au Properties in Ontario Canada
Producing Mines and "state-of-the-art" Mill

Message: Re: John
Wanderer,
I'm with you down to "7.70 (30% disc rate)"
Below that, I would do this:
20,000 X 11.574 X 9.00 = 2,083,320 = Revenue
20,000 X 11.574 X 7.70 = 1,782,396 = costs
Net proceeds = $300,924
Hope this helps
S
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