Meclazine for Israel
Meclazine
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« on: March 12, 2016, 09:21:50 AM » |
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Resource development is the Industry term.
Very republican.
The equation is simple. Invest 2 billion in a resource development project to try and get an IRR of 25%. So you make $500M profit.
But the area of the development is the real winner with over 4 times that amount invested.
Given gold, nickel and diamond mines are so high grade and small, this style of mining, particularly underground has a very small environmental footprint.
Large iron ore and coal mines have a larger footprint.
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