Your analysis might want to point out that the average grade currently being processed is significantly higher than Hera's reserves (This year's average grade has ~$70/t more revenue than the remaining reserves), and even more so Hera's resource (~$110/tonne). So if you want to approximate, based on reserve, the average cash flow should be ~$28m/year (400k t * $70) lower than your 'average' forecast for the next ~3 years and ~$44m lower for any of the resource years that get converted. This of course ignores any positive reconciliation to resource/reserve grade, but you have to work on the information at hand. Also, don't forget tax - AMI is currently offsetting historical tax losses.
I haven't even looked at Peak, but using a years result and applying them forward in mining can be a recipe for disaster! Good luck.
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