EXAMPLE: KING SOLOMON’S MINE
Investment = $200 million
Life = 10 years
Production = .1 million oz. a year
Production cost = $200 per oz.
Current gold price = $400 per oz.
Discount rate = 10%
Using Market Values
barry
(Barry)
#1
EXAMPLE: KING SOLOMON’S MINE
Investment = $200 million
Life = 10 years
Production = .1 million oz. a year
Production cost = $200 per oz.
Current gold price = $400 per oz.
Discount rate = 10%
Using Market Values