Hi everyone,Cannot beleive that I missed this point when I did...

Hi everyone,

Cannot beleive that I missed this point when I did my research before.

If everyone can look back at page 13 of Nkwe recent presentation

Nkwe using the following assumptions came up with a $US9 billion NPV

Long Term Platinum Prices- $1460 per ounce
Long Term Cost- $900 per ounce (includes ongong CAPEX)
life of Mine - 50 years
Production- 1 million ounce per annum

10% of $9 billion is $900 million

Since this is based upon production and the reserves are only up to an inferred stage then 25%of this value would be taken into account.

25% of $900million = $225 million
IGC has 185 million shares, with $12million cash to be added in its options conversion (60 million options @20cents)

Total Value- $237million

Fully Diluted Share Price - $1.28

Any other thoughts from other HC posters?