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Re: Rawnoc post# 209792

Sunday, 01/06/2013 3:14:57 PM

Sunday, January 06, 2013 3:14:57 PM

Post# of 312025
Well, you are correct, but any report like this would have to make some pricing assumption such as NYMEX pricing as of a certain date. I worked in Mining for a time and commodity pricing was a key assumption for any kind of analysis. The basic assumptions deserve mention on the summary page, along with the Capital Cost assumptions etc. Pricing used for revenue estimation should be included in the Summary along with ROI. Not EBITDA.

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