@ Yowie, Yes, I know the CRC DFS is pre-tax and pre finance figures. I mentioned that I one of my original posts the other day.
At the very least the company needs to include interest charges because the mine would be developed without the loan of 37m. At 9% you are paying over 3m interest a year and I dont think that can be ignored.
I am willing to forgo the tax component now (as depreciation etc will offset this) and agree with your comment that it is all about extending mine life, resources, etc.
As per the above post. That is part 3 of my research and will determine whether or not CRC has the potential to deliver the returns I seek.
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@ Yowie, Yes, I know the CRC DFS is pre-tax and pre finance...
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