Agreed more likely a take over than getting own mined.
How they can use a 5% discount rate and a $40 a tonne UG mining cost is interesting.
5% in a high interest environment when a few years ago 8% was normal and the opportunity cost was around 2% at the bank .
Are they using a new mining technique to get UG costs per tonne so low ie using a TBM or something ?
Be interesting to see what the IRR and NPV would be at 8% discount rate and $150.00 UG mining cost rather than a $40 a tonne mining cost
Agreed more likely a take over than getting own mined. How they...
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