KIN 5.56% 5.7¢ kin mining nl

Ann: PRE-FEASIBILITY STUDY AND UPDATED ORE RESERVE FOR CGP, page-58

  1. 2,496 Posts.
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    someone else should check what they have used to get such a different IRR from original values.
    My back of envelope calculation:
    As an example just by changing the time period the first value below is 17% and the second is 37%
    using IRR equals FV/PV All to power of reciprocal of time period and minus 1 from this result.
    Thus
    at 8 years using say FV of 3000 and PV of 850 gives 17% for IRR
    BUT
    same calculation and changing time period to 4 years gives 37% for IRR
    DYOR
 
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