Hans: Re the base case, the Feasibility Study says that @ $2500 gold Tyhee's NPV is $1,092,578, IRR is 52%, and payback 13 months. Current market cap @ .08 Canadian is C$27,574,465. Tyhee will not be going out of business with that other 30% of small caps that Baires speaks about, especially as the gold price rises. Ike
From the FS:
At the current gold price of approximately $1,600 per oz., the YGP would have an NPV of $375 million, an IRR of 28% and a payback period of 30 months.
| Gold Price Sensitivity |
$1,300 |
|
$1,400 |
|
$1,500 |
|
$1,600 |
|
$2,500 |
|
| NPV (US$000s) |
136,010 |
|
215,724 |
|
295,438 |
|
375,152 |
|
1,092,578 |
|
| IRR |
16 |
% |
20 |
% |
24 |
% |
28 |
% |
52 |
% |
| Payback (months) |
50 |
|
42 |
|
34 |
|
30 |
|
13 |
