re: News: Gold Road Resources increases Centr... Except you cant just claim a return on investment on future spend.
That would be like designing and building a car with the only thing left to fill the tank with gas. And then claiming that the return on investment is the value of the car against the cost of fuel.
Somewhere you have to account for the investment to date and account the total future return against the lifetime cost.
Ian's an accountant, somewhere he should have done NPV for beginners
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