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#52
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![]() Does anyone know if there are any additional costs to will be incurred even if the mine is not opened (other than the assays)?
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#54
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![]() Quote:
If you set your measurements too low, your mine will likely open 100% of the time. If you set your measurements too high, your mine will not open that often (maybe less than 10-20%?). If you open the mine all the time, CanDo may be subject to losses due to mining an inefficient mine (not that much gold). If you hardly ever open the mine, CanDo will always incur the expense of the assays but never have any revenue from gold sales. So it is up to you to set the MTM requirements at a level that will have a reasonable expectation. |
#56
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![]() heh, did you use "moolah" in your FA? I submitted mine yesterday and I was so tempted (as I was finishing up Task 7 at 2am in the morning) to refer to the Canadian dollar as the "loonie"
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#57
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![]() I chose CTE(90) as one of my risk measures rather than using all CTE(x)...any thoughts on how I could explain my selection. The only reason I chose it was because it was between the the others ones, where lower x I believe mostly focuses on severity and higher on frequency. Please help
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#58
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![]() In my past two attempts I chose CTE(95) as my first metric, then %end<0, then others (that was the order I used). But now I thinking of looking at %end<0 as the first risk metric, with lower number meaning lower possibility negative ending cash flow (selecting the scenarios with 50% or lower), then among the selected scenarios focusing on CTE(95) which measures the average loss. Any insights?
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can-do, final assessment, task 2 |
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