Hi Shadders,You are totally correct!I nearly forgot about the...

  1. 506 Posts.
    Hi Shadders,

    You are totally correct!I nearly forgot about the early pay-back mentioned before.

    Let just say the Mine Life is ~6 years & CAPEX is $71M (1/2/08 Ann)
    Using your estimated $90M EBIT/Year, Molyhil's Potential EBIT is roughly about $469M over the 6 years LoM (Life of Mine)!!!

    By the way, does that $90M/year EBIT covers Expenses (e.g. mining cost etc)?

    Kiddo
 
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