mnm and its future, page-51

Nps fakie.

$375m/year for 25 years is $9.4Bn by the way. Net cashflow $9.4Bn.

That would have looked better in the press release/announcement.

The $9.4Bn gets converted to $1.4Bn by taking into account the time factor and the discount factor in the calculation of the NPV.

For example, in the 25th year, the time and discount factor reduce the cash flow by a factor of almost 11. So the $375m in that year only contributes about $35m to the total NPV amount. Which is why NPV is not profit, as we've previously been through.