That is an invalid analysis
- the market already factors in conversion of potential to resource, resource to reserve etc.
- more fundamentally you can't value IO this way, it fails to take into the time value of money. Once a mine is viable NPV/tonne gets lower (even as absolute NPV goes up slightly) as additional tonnes are mined at the end of life
That is an invalid analysis- the market already factors in...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)