Hello Einstein350. If you cannot do financial analysis yourself, there is no point reading analyst reports you cannot understand or critique. Some numbers are below:
* short term scenario is 11,102 tonnes x ($20.96 x 70% payability x 95% royalty) less ($7.00 costs add $1 for shipping) x 34% tax = US$46M per annum cash
* short term scenario is 9,052 tonnes x ($20.96 x 70% payability x 95% royalty) less ($8.00 costs add $1 for shipping) x 34% tax = US$30M per annum cash
Paying back US$406M CAPEX will take around 10 years. That is a long payback.
