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Ammended NI 43-101 Technical Report on the Biely ... - EMED Mining

Ammended NI 43-101 Technical Report on the Biely ... - EMED Mining

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<strong>EMED</strong> <strong>Mining</strong> - <strong>Biely</strong> VrchNovember 2010Figure 19NPV Sensitivity – Valley LeachNPV Sensitivity ‐ Valley Leach150100NPV (US$M)500‐50‐1000.7 0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5‐150‐200Sensisitivity FactorGold Price Operating Cost Capital CostFigure 20IRR Sensitivity – Valley LeachIRR Sensitivity ‐ Valley Leach40%30%20%10%IRR (%)0%‐10%‐20%‐30%‐40%0.7 0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5Sensisitivity FactorGold Price Operating Cost Capital Cost<str<strong>on</strong>g>NI</str<strong>on</strong>g> <str<strong>on</strong>g>43</str<strong>on</strong>g>–<str<strong>on</strong>g>101</str<strong>on</strong>g> <str<strong>on</strong>g>Technical</str<strong>on</strong>g> <str<strong>on</strong>g>Report</str<strong>on</strong>g> 44 BEHRE DOLBEARLegal*5650400.1

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