Based on scoping study published in July 2010,the skan tin project would deliver $400 million net cash flow at today's price.Tin price variation could change that figure dramatically.
I worked out NPV around $80 million based on today's tin price, and this figure will be used to form JV.
SPM need to contribute another $40 million cash in order to match 50/50 share in JV technically.But this is not going to happen IMO.
SPM has no option but to takeover remaining CSD at 30 cents a share plus 10 cents for option for total price of $50 million.As you see ,then SPG owns 100% of everything by spending $10 million more.
What would you do?.
Dyor
Based on scoping study published in July 2010,the skan tin...
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