Source:
30 Sept – Positive Pre-Feasibility Study for Mt Garnet Tin Project
http://www.csdtin.com.au/asx-releases/2013-asx-releases/
Subtract 80 million for the CAPEX and tax at 30 cents. This leaves a net profit of $208.95 million over the 9 years, or $23.21 million annual profit.
How is it possible to determine today what the profitability will be over the next 9 years as
there are so many unknowns and factors that can change this.
It is difficult enough to try and predict the price of base metals (tin) for the next twelve months let alone for nine years ahead.
'Near-term profit from the mill and BG mining operations, expecting to be between $20-$50 million pa.''
The company has not even started production and yet look at all the predictions about profit not only from the mill but also from mining on this forum.
Please DYOR
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