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37,911 Posts.
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24/04/13
07:44
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Fibo
put another way
IGV of $18 billion at 83c/lb = 10mt of in ground zinc
at 200ktpa, it would take 50 years to mine all of that zinc
capex would probably have to be replaced after 25 years
the deposit has an IGV of $18 billion
deduct 50% for OPEX = $9 billion
deduct $2b CAPEX = $7 billion
deduct another $3b CAPEX = $4 billion
that is return of $4b over 50 years on a $4b investment
double your $ over 50 years
if you put your $4b in the bank at 5%, it would take 15 years to earn $4B profit
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