scanspeak, i have no idea about the numbers used in that valuation it is more of the method that I stand by, i don't pretend to know anything about the resource nor the price of native copper in 10 years.
When discounting cash flows for NPV, you start with the capex at the the zero year, even if it is funded through an equity raising and more shares are added it is still an outflow of CDU's capital so you include it. Then calculate the cashflows each year and divide by 1 + the discount rate. If these are your worst case scenarios and you stand by your numbers, your still looking at doubling your money as the project comes online, not a bad outcome.
CDU Price at posting:
$3.19 Sentiment: None Disclosure: Not Held
