HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Re: NEWS - NOT announces positive results of preliminary assesment of Eagles Nest

I hold a Moly play with nearly identical numbers (after tax NPV (8%) of $551 million, IRR of 20.6%, CAPEX of $641 million) and its' current MCAP is only ~$70 million (despite being much further advanced than NOT). It's also in Canada (B.C.) so yes, this discrepancy is not a unique phenomenon. However, the Moly play does not have the expansion potential that NOT has.

Share
New Message
Please login to post a reply