interest 10%

Tahun 0 1 2
(+)Revenue Cu 117 122.85
(+)Revenue Mo 12 12.36
(+)Revenue 129 135.21
(-) Royalty Cu 4.68 4.914
(-) Royalty Mo 0.54 0.5562
(-) Royalty -5.22 -5.4702
(-)Oprating Cost Min 55.8 61.38
(-)Oprating Cost Mill 29.28 30.744
(-)Oprating Cost -85.08 -92.124
(-)Depresiasi -20 -20
(-)Amortisasi -1.6 -1.6
(-)Interest -3 -2.3
Taxable Income 14.1 13.7158
Taxable 30% 4.23 4.11474
Net Income 9.87 9.60106
(+)Depresiasi 20 20
(+) Amortisasi 1.6 1.6
(-) Payment -7.5 -7.5
(-) Borrowed 30
(-) Capital Cost -130
Cash Flow -100 23.97 23.70106
npv 748.33989982713100%
7,483,399.00
irr 12.444334581%
 3 4 5 6 variabel 20% 0%
128.9925 135.4421 142.2142 149.3249 operating mining -35127510.093 7483398.9983
12.7308 13.11272 13.50611 13.91129 oprating milling -12483881.848 7483398.9983
141.7233 148.5548 155.7203 163.2362 tax -3140532.0696 7483398.9983
5.1597 5.417685 5.688569 5.972998
0.572886 0.590073 0.607775 0.626008
60000000
-5.73259 -6.00776 -6.29634 -6.59901
67.518 74.2698 81.69678 89.86646 50000000
32.2812 33.89526 35.59002 37.36952
40000000
-99.7992 -108.165 -117.287 -127.236
-20 -20 -20 -20 30000000
-1.6 -1.6 -1.6 -1.6 20000000
-1.5 -0.8 operati
10000000 operati
13.09151 11.98203 10.53719 7.801244
Tax
3.927454 3.594609 3.161157 2.340373 0
-25% -20% -15% -10% -5% 0% 5% 10% 15% 20% 25%
9.16406 8.387422 7.376033 5.460871
-10000000
20 20 20 20
1.6 1.6 1.6 1.6 -20000000
-7.5 -7.5 -30000000

-40000000

23.26406 22.48742 28.97603 27.06087

 -20%
50094308.089
27450679.844
18107330.066

operating mi ni ng
operating mi l l i ng
Tax
20% 25%
interest 10%
Tahun 0 1 2 3
(+)Revenue Cu 117 122.85 128.9925
(+)Revenue Mo 12 12.36 12.7308
(+)Revenue 129 135.21 141.7233
(-) Royalty Cu 4.68 4.914 5.1597
(-) Royalty Mo 0.54 0.5562 0.572886
(-) Royalty -5.22 -5.4702 -5.732586
(-)Oprating Cost Min 55.8 61.38 67.518
(-)Oprating Cost Mill 29.28 30.744 32.2812
(-)Oprating Cost -85.08 -92.124 -99.7992
(-)Depresiasi -20 -20 -20
(-)Amortisasi -1.6 -1.6 -1.6
(-)Interest -3 -2.3 -1.5
Taxable Income 14.1 13.7158 13.091514
Taxable 30% 4.23 4.11474 3.9274542
Net Income 9.87 9.60106 9.1640598
(+)Depresiasi 20 20 20
(+) Amortisasi 1.6 1.6 1.6
(-) Payment -7.5 -7.5 -7.5
(-) Borrowed 30
(-) Capital Cost -130
Cash Flow -100 23.97 23.70106 23.2640598
npv 748.33989982713100%
7,483,399.00
irr 12.444334581%
 20% 0 -20%
Opreting mining -35127510.0926378 7483398.9983 50,094,308.09
 interest 10%
4 5 6 Tahun 0 1
135.4421 142.2142 149.3249 (+)Revenue Cu 117
13.11272 13.50611 13.91129 (+)Revenue Mo 12
148.5548 155.7203 163.2362 (+)Revenue 129
5.417685 5.688569 5.972998 (-) Royalty Cu 4.68
0.590073 0.607775 0.626008 (-) Royalty Mo 0.54
-6.00776 -6.29634 -6.59901 (-) Royalty -5.22
74.2698 81.69678 89.86646 (-)Oprating Cost Min 66.96
33.89526 35.59002 37.36952 (-)Oprating Cost Mill 29.28
-108.165 -117.287 -127.236 (-)Oprating Cost -96.24
-20 -20 -20 (-)Depresiasi -20
-1.6 -1.6 -1.6 (-)Amortisasi -1.6
-0.8 (-)Interest -3
11.98203 10.53719 7.801244 Taxable Income 2.94
3.594609 3.161157 2.340373 Taxable 30% 0.882
8.387422 7.376033 5.460871 Net Income 2.058
20 20 20 (+)Depresiasi 20
1.6 1.6 1.6 (+) Amortisasi 1.6
-7.5 (-) Payment -7.5
(-) Borrowed 30
(-) Capital Cost -130
22.48742 28.97603 27.06087 Cash Flow -100 16.158
npv -3512.75100926378000%
(35,127,510.09)
irr -3.187331929%

interest 10%
Tahun 0 1
(+)Revenue Cu 117
(+)Revenue Mo 12
(+)Revenue 129
(-) Royalty Cu 4.68
(-) Royalty Mo 0.54
(-) Royalty -5.22
(-)Oprating Cost Min 44.64
(-)Oprating Cost Mill 29.28
(-)Oprating Cost -73.92
(-)Depresiasi -20
(-)Amortisasi -1.6
(-)Interest -3
Taxable Income 25.26
Taxable 30% 7.578
Net Income 17.682
(+)Depresiasi 20
(+) Amortisasi 1.6
(-) Payment -7.5
(-) Borrowed 30
(-) Capital Cost -130
Cash Flow -100 31.782
npv 5009.43080891804000%
50,094,308.09
irr 24.978833861%
 2 3 4 5 6
122.85 128.9925 135.4421 142.2142 149.3249
12.36 12.7308 13.11272 13.50611 13.91129
135.21 141.7233 148.5548 155.7203 163.2362
4.914 5.1597 5.417685 5.688569 5.972998
0.5562 0.572886 0.590073 0.607775 0.626008
-5.4702 -5.73259 -6.00776 -6.29634 -6.59901
73.656 81.0216 89.12376 98.03614 107.8397
30.744 32.2812 33.89526 35.59002 37.36952
-104.4 -113.303 -123.019 -133.626 -145.209
-20 -20 -20 -20 -20
-1.6 -1.6 -1.6 -1.6 -1.6
-2.3 -1.5 -0.8
1.4398 -0.41209 -2.87193 -5.80217 -10.172
0.43194 -0.12363 -0.86158 -1.74065 -3.05161
1.00786 -0.28846 -2.01035 -4.06152 -7.12043
20 20 20 20 20
1.6 1.6 1.6 1.6 1.6
-7.5 -7.5 -7.5

15.10786 13.81154 12.08965 17.53848 14.47957

2 3 4 5 6
122.85 128.9925 135.4421 142.2142 149.3249
12.36 12.7308 13.11272 13.50611 13.91129
135.21 141.7233 148.5548 155.7203 163.2362
4.914 5.1597 5.417685 5.688569 5.972998
0.5562 0.572886 0.590073 0.607775 0.626008
-5.4702 -5.73259 -6.00776 -6.29634 -6.59901
49.104 54.0144 59.41584 65.35742 71.89317
30.744 32.2812 33.89526 35.59002 37.36952
-79.848 -86.2956 -93.3111 -100.947 -109.263
-20 -20 -20 -20 -20
-1.6 -1.6 -1.6 -1.6 -1.6
-2.3 -1.5 -0.8
25.9918 26.59511 26.83599 26.87655 25.77454
7.79754 7.978534 8.050797 8.062964 7.732361
18.19426 18.61658 18.78519 18.81358 18.04217
20 20 20 20 20
 1.6 1.6 1.6 1.6 1.6
-7.5 -7.5 -7.5

32.29426 32.71658 32.88519 40.41358 39.64217

interest 10%
Tahun 0 1 2 3
(+)Revenue Cu 117 122.85 128.9925
(+)Revenue Mo 12 12.36 12.7308
(+)Revenue 129 135.21 141.7233
(-) Royalty Cu 4.68 4.914 5.1597
(-) Royalty Mo 0.54 0.5562 0.572886
(-) Royalty -5.22 -5.4702 -5.73259
(-)Oprating Cost Min 55.8 61.38 67.518
(-)Oprating Cost Mill 29.28 30.744 32.2812
(-)Oprating Cost -85.08 -92.124 -99.7992
(-)Depresiasi -20 -20 -20
(-)Amortisasi -1.6 -1.6 -1.6
(-)Interest -3 -2.3 -1.5
Taxable Income 14.1 13.7158 13.09151
Taxable 30% 4.23 4.11474 3.927454
Net Income 9.87 9.60106 9.16406
(+)Depresiasi 20 20 20
(+) Amortisasi 1.6 1.6 1.6
(-) Payment -7.5 -7.5 -7.5
(-) Borrowed 30
(-) Capital Cost -130
Cash Flow -100 23.97 23.70106 23.26406
npv 748.33989982713100%
7,483,399.00
irr 12.444334581%
 20% 0 -20%
operating milling -12483881.84783 7483399 27450679.8444
 interest 10%
4 5 6 Tahun 0 1 2
135.4421 142.2142 149.3249 (+)Revenue Cu 117 122.85
13.11272 13.50611 13.91129 (+)Revenue Mo 12 12.36
148.5548 155.7203 163.2362 (+)Revenue 129 135.21
5.417685 5.688569 5.972998 (-) Royalty Cu 4.68 4.914
0.590073 0.607775 0.626008 (-) Royalty Mo 0.54 0.5562
-6.00776 -6.29634 -6.59901 (-) Royalty -5.22 -5.4702
74.2698 81.69678 89.86646 (-)Oprating Cost Min 55.8 61.38
33.89526 35.59002 37.36952 (-)Oprating Cost Mill 35.136 36.8928
-108.165 -117.287 -127.236 (-)Oprating Cost -90.936 -98.2728
-20 -20 -20 (-)Depresiasi -20 -20
-1.6 -1.6 -1.6 (-)Amortisasi -1.6 -1.6
-0.8 (-)Interest -3 -2.3
11.98203 10.53719 7.801244 Taxable Income 8.244 7.567
3.594609 3.161157 2.340373 Taxable 30% 2.4732 2.2701
8.387422 7.376033 5.460871 Net Income 5.7708 5.2969
20 20 20 (+)Depresiasi 20 20
1.6 1.6 1.6 (+) Amortisasi 1.6 1.6
-7.5 (-) Payment -7.5 -7.5
(-) Borrow 30
(-) Capital -130
22.48742 28.97603 27.06087 Cash Flow -100 19.8708 19.3969
npv -1248.38818478299000%
(12,483,881.85)
irr 5.726142757%

interest 10%
Tahun 0 1 2
(+)Revenue Cu 117 122.85
(+)Revenue Mo 12 12.36
(+)Revenue 129 135.21
(-) Royalty Cu 4.68 4.914
(-) Royalty Mo 0.54 0.5562
(-) Royalty -5.22 -5.4702
(-)Oprating Cost Min 55.8 61.38
(-)Oprating Cost Mill 23.424 24.5952
(-)Oprating Cost -79.224 -85.9752
(-)Depresiasi -20 -20
(-)Amortisasi -1.6 -1.6
(-)Interest -3 -2.3
Taxable Income 19.956 19.8646
Taxable 30% 5.9868 5.95938
Net Income 13.9692 13.90522
(+)Depresiasi 20 20
(+) Amortisasi 1.6 1.6
(-) Payment -7.5 -7.5
(-) Borrow 30
(-) Capital -130
Cash Flow -100 28.0692 28.00522
npv 2745.06798443726000%
27,450,679.84
irr 18.627291674%
 3 4 5 6
128.9925 135.4421 142.2142 149.3249
12.7308 13.11272 13.50611 13.91129
141.7233 148.5548 155.7203 163.2362
5.1597 5.417685 5.688569 5.972998
0.572886 0.590073 0.607775 0.626008
-5.73259 -6.00776 -6.29634 -6.59901
67.518 74.2698 81.69678 89.86646
38.73744 40.67431 42.70803 44.84343
-106.255 -114.944 -124.405 -134.71
-20 -20 -20 -20
-1.6 -1.6 -1.6 -1.6
-1.5 -0.8
6.635274 5.202979 3.419185 0.327339
1.990582 1.560894 1.025756 0.098202
4.644692 3.642086 2.39343 0.229137
20 20 20 20
1.6 1.6 1.6 1.6
-7.5 -7.5

18.74469 17.74209 23.99343 21.82914

3 4 5 6
128.9925 135.4421 142.2142 149.3249
12.7308 13.11272 13.50611 13.91129
141.7233 148.5548 155.7203 163.2362
5.1597 5.417685 5.688569 5.972998
0.572886 0.590073 0.607775 0.626008
-5.73259 -6.00776 -6.29634 -6.59901
67.518 74.2698 81.69678 89.86646
25.82496 27.11621 28.47202 29.89562
-93.343 -101.386 -110.169 -119.762
-20 -20 -20 -20
-1.6 -1.6 -1.6 -1.6
-1.5 -0.8
19.54775 18.76108 17.65519 15.27515
5.864326 5.628325 5.296558 4.582545
13.68343 13.13276 12.35864 10.6926
20 20 20 20
 1.6 1.6 1.6 1.6
-7.5 -7.5

27.78343 27.23276 33.95864 32.2926

interest 10%
Tahun 0 1 2 3
(+)Revenue Cu 117 122.85 128.9925
(+)Revenue Mo 12 12.36 12.7308
(+)Revenue 129 135.21 141.7233
(-) Royalty Cu 4.68 4.914 5.1597
(-) Royalty Mo 0.54 0.5562 0.572886
(-) Royalty -5.22 -5.4702 -5.73259
(-)Oprating Cost Min 55.8 61.38 67.518
(-)Oprating Cost Mill 29.28 30.744 32.2812
(-)Oprating Cost -85.08 -92.124 -99.7992
(-)Depresiasi -20 -20 -20
(-)Amortisasi -1.6 -1.6 -1.6
(-)Interest -3 -2.3 -1.5
Taxable Income 14.1 13.7158 13.09151
Taxable 30% 4.23 4.11474 3.927454
Net Income 9.87 9.60106 9.16406
(+)Depresiasi 20 20 20
(+) Amortisasi 1.6 1.6 1.6
(-) Payment -7.5 -7.5 -7.5
(-) Borrowed 30
(-) Capital Cost -130
Cash Flow -100 23.97 23.70106 23.26406
npv 748.33989982713100%
7,483,399.00
irr 12.444334581%
 20% 0 -20%
Tax -3140532.06958781 7483399 18,107,330.07
 interest 10%
4 5 6 Tahun 0 1 2
135.4421 142.2142 149.3249 (+)Revenue Cu 117 122.85
13.11272 13.50611 13.91129 (+)Revenue Mo 12 12.36
148.5548 155.7203 163.2362 (+)Revenue 129 135.21
5.417685 5.688569 5.972998 (-) Royalty Cu 4.68 4.914
0.590073 0.607775 0.626008 (-) Royalty Mo 0.54 0.5562
-6.00776 -6.29634 -6.59901 (-) Royalty -5.22 -5.4702
74.2698 81.69678 89.86646 (-)Oprating Cost Min 55.8 61.38
33.89526 35.59002 37.36952 (-)Oprating Cost Mill 29.28 30.744
-108.165 -117.287 -127.236 (-)Oprating Cost -85.08 -92.124
-20 -20 -20 (-)Depresiasi -20 -20
-1.6 -1.6 -1.6 (-)Amortisasi -1.6 -1.6
-0.8 (-)Interest -3 -2.3
11.98203 10.53719 7.801244 Taxable Income 14.1 13.7158
3.594609 3.161157 2.340373 Taxable 30% 7.05 6.8579
8.387422 7.376033 5.460871 Net Income 7.05 6.8579
20 20 20 (+)Depresiasi 20 20
1.6 1.6 1.6 (+) Amortisasi 1.6 1.6
-7.5 (-) Payment -7.5 -7.5
(-) Borrowed 30
(-) Capital Cost -130
22.48742 28.97603 27.06087 Cash Flow -100 21.15 20.9579
npv -314.05320695878100%
(3,140,532.07)
irr 8.963506259%

interest 10%
Tahun 0 1 2
(+)Revenue Cu 117 122.85
(+)Revenue Mo 12 12.36
(+)Revenue 129 135.21
(-) Royalty Cu 4.68 4.914
(-) Royalty Mo 0.54 0.5562
(-) Royalty -5.22 -5.4702
(-)Oprating Cost Min 55.8 61.38
(-)Oprating Cost Mill 29.28 30.744
(-)Oprating Cost -85.08 -92.124
(-)Depresiasi -20 -20
(-)Amortisasi -1.6 -1.6
(-)Interest -3 -2.3
Taxable Income 14.1 13.7158
Taxable 30% 1.41 1.37158
Net Income 12.69 12.34422
(+)Depresiasi 20 20
(+) Amortisasi 1.6 1.6
(-) Payment -7.5 -7.5
(-) Borrowed 30
(-) Capital Cost -130
Cash Flow -100 26.79 26.44422
npv 1810.73300661305000%
18,107,330.07
irr 15.858453371%
 3 4 5 6
128.9925 135.4421 142.2142 149.3249
12.7308 13.11272 13.50611 13.91129
141.7233 148.5548 155.7203 163.2362
5.1597 5.417685 5.688569 5.972998
0.572886 0.590073 0.607775 0.626008
-5.73259 -6.00776 -6.29634 -6.59901
67.518 74.2698 81.69678 89.86646
32.2812 33.89526 35.59002 37.36952
-99.7992 -108.165 -117.287 -127.236
-20 -20 -20 -20
-1.6 -1.6 -1.6 -1.6
-1.5 -0.8
13.09151 11.98203 10.53719 7.801244
6.545757 5.991016 5.268595 3.900622
6.545757 5.991016 5.268595 3.900622
20 20 20 20
1.6 1.6 1.6 1.6
-7.5 -7.5

20.64576 20.09102 26.86859 25.50062

3 4 5 6
128.9925 135.4421 142.2142 149.3249
12.7308 13.11272 13.50611 13.91129
141.7233 148.5548 155.7203 163.2362
5.1597 5.417685 5.688569 5.972998
0.572886 0.590073 0.607775 0.626008
-5.73259 -6.00776 -6.29634 -6.59901
67.518 74.2698 81.69678 89.86646
32.2812 33.89526 35.59002 37.36952
-99.7992 -108.165 -117.287 -127.236
-20 -20 -20 -20
-1.6 -1.6 -1.6 -1.6
-1.5 -0.8
13.09151 11.98203 10.53719 7.801244
1.309151 1.198203 1.053719 0.780124
11.78236 10.78383 9.483471 7.021119
20 20 20 20
 1.6 1.6 1.6 1.6
-7.5 -7.5

25.88236 24.88383 31.08347 28.62112