sensitivity of gold price on npv calculations, page-2

$1700 is actually high. I often use 1500$-1600$ to compare as it is what other goldies use.


The longer the life of mine the longer it is before the realization of such value. Hence the requirement of a higher discount rate.

Then again usage of a discount rate is very subjective.

NPV comparisons must also be done on a enterprise value. Therefore it is prudent to assume fully diluted market cap before comparing. MYG has a lot of options.

Finally tax. If possible try to find post tax NPV but this is often complicated due to previous tax losses.