Friday, January 23, 2015 9:23:56 AM
SNET The Eldor Project located in Northern Quebec, Canada adjoins the west boundary of
Commerce Resources' Ashram Project. The neighboring property, Ashram project, currently has
a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate
of $2.32 billion, (a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%).
Commerce Resources' Ashram Project. The neighboring property, Ashram project, currently has
a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate
of $2.32 billion, (a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%).
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