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rubberworm

12/18/20 9:17 PM

#2605 RE: The DMan #2599

From AB's post ....

Back of the envelope NPV calculation:

At $2.75 copper NPV is $730 million.

At $3.63 copper NPV is $963 million.

Now DocWorm "No relationship to RubberWorm " Begs to differ w/ AB and goes higher....
In other words after tax 7.5% NPV is more like $1.2B at todays Cu

As you can price of copper very important. I have it up on my puter whenever the copper market is open. Tweet from Excelsior is letting the market know IMO that copper is going much higher and any suiter that wants to play will have to keep that in mind.

Any delays over the years getting this project going just may of been for the best. Excelsior is now set for a much higher buyout price .