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0.00% 1.2¢ king river resources limited

1000 year mine life means nothing... full stop! it's all about...

  1. ohyeah76
    3,479 Posts.
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    02/08/18
    16:25
    Post #: 34693336
    1000 year mine life means nothing... full stop!

    it's all about NPV to give a mine it's go ahead. NPV today.

    discounting the cash flows from year 112 back to today will be worthless... let alone from year 912...

    i wish people would stop banging on about this 1000 year rubbish.
    in my opinion management used it as a way of saying "yeah, we have a lot of the stuff"... but it's now taken on this ridiculous 1000 year mine life-ism...

    just my opinion.
    KRC Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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