IRR is incredibly important in financial analysis. It is a measure of the quality of return on initial capital investment.
Ahh so thats what you mean, given its not in production, how can you judge the rate of return. For a speculator are you looking for a rise in share price or are you predicting on a prediction, ergo speculating on the IRR.
As far as CPC ( Commodity Price change... by the way I made up that acronymn ) Chestermemate hits the nail on the head.
Perhaps BHP have got it all wrong as well.
IRR is incredibly important in financial analysis. It is a...
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