Coppernicious Nickel Project Financial Analysis Update
May 5, 2008 Filed Under: Nickel Mining
Thundelarra has updated its financial model for the Copernicus Nickel Project incorporating the rates from recently awarded mining and construction contracts. Thundelarra’s share of cash flow from mining of the initial reserve, net of all establishment and operating costs, has been estimated at $28.1m over four years. THX’s 40% share of the new NPV is $22.6m using a discount rate of 8%.
Original Announcement: Copernicus Financial Analysis