Signs of life in private equity Jul 17, 2009
Overall, the internal rate of return on private equity investments was negative for the past three years in light of a 28. 44 per cent negative return in the past four years. (Sydney Morning Herald -- Business)
Arian Silver Releases Independent Preliminary Economic Assessment Report; Mining of More Than 2 Million Ounces of Silver Proposed Jun 23, 2009
Arian's Chief Executive Officer, Jim Williams, commented today, "We are very encouraged by the robust economics to support contract mining and milling, illustrated by this report, at our San Jose Project. The results of the PEA validate our plans to move forward in the near-term with underground mechanized mining using contract mining and toll milling, subject to funding. Utilizing the underground workings developed by the former operators and the infrastructure on site, we plan to advance... (CCNMatthews Press Releases)
DHFL Venture Capital to raise Rs 250 cr this fiscal Jun 21, 2009
"We will target 30 per cent Internal Rate of Return (IRR) with the upcoming fund too," Wadhwan said, adding that the fund would target both individuals and developers for disbursement. IRR is a capital budgeting metric used by firms to decide whether they should make investments. (India Times)
Vista Gold Corp. Announces Results of a Preliminary Economic Assessment and Increases Estimated Measured and Indicated Resources by 12.8% at Its Mt. Todd Gold Project, Northern Territory, Australia Jun 5, 2009
The results of the PEA indicate that development of the base case alternative would have an estimated cash cost of $453 per ounce and a pre-tax Internal Rate of Return ("IRR") of 21 ... 1 Internal Rate of Return 11. (PR Newswire)
Silverado Reports January 1, 2009 NI 43-101 Pre-Feasibility Analysis Amended June 1, 2009 to Reflect Additional Data Jun 3, 2009
The internal rate of return (IRR) is calculated to be 31. 2 percent for the Base Cash Flow case study. (Primezone Releases)
Greystar Launches Feasibility Study for Angostura Jun 1, 2009
"The Prefeasibility Study indicates very favourable economics at a gold price of US$700 per ounce in the first three years of operation and US$650 per ounce thereafter. Gold prices have continued to improve since the Prefeasibility Study and there are several avenues that the Feasibility Study will evaluate to potentially further enhance the internal rate of return for the Angostura project.". The Feasibility Study will provide technical evaluations, engineering designs, capital and operating... (CCNMatthews Press Releases)
OceanFirst Financial Corp. Announces Strategic Combination of Central Jersey Bancorp - Enhancing Community Bank Franchise At the Jersey Shore May 27, 2009
OceanFirst projects a mid-teen internal rate of return on the transaction and expects to record a restructuring charge of approximately $3. 9 million after related tax benefits. (Primezone Releases)
State fund to focus on tourism, oil and gas May 23, 2009
He says TIAs hurdle rate for investments is 8% and it has a internal rate of return target of between 15% and 20%, which some have described as rather ambitious, especially amidst the current environment. Its a little on the high side. (The Star Online, Malaysia -- Business)
NIST study finds a decade of high-payoff, high-throughput research May 22, 2009
The new study,* conducted for NIST by RTI International, estimates that from inception (1998) through 2007, the investment in the NCMC has yielded a social rate of return of about 161 percent (also known as the "internal rate of return" in corporate finance; a minimum acceptable IRR for a government research project is about 50 percent). RTI's evaluation also found that the NCMC accelerated industry's adoption of combinatorial methods by an average of 2. (EurekAlert! -- Business News)
Tetragon Financial Group Limited (TFG) Monthly Update for April 2009 May 15, 2009
Internal Rate of Return (IRR) x Amortized Cost B/Fwd determines CDO income. (5) Equals CDO Amortized Cost BFwd / Book Value. (PR Newswire)
Dundee Precious Metals Reports First Quarter 2009 Results May 13, 2009
- Results of the update to the 2005 definitive feasibility study on the Chelopech Expansion Project confirmed the commercial viability of the project and indicated an internal rate of return of over 27%, future capital costs of US$216 million and a payback period of approximately three years. - Certain permits required to advance the construction of the mine and mill expansion, including the semi-autogenous grinding mill and concentrator expansion, have been received and work is progressing. (CCNMatthews Press Releases)
MCG Capital Corporation Reports First Quarter 2009 Results May 8, 2009
MCG uses the following 1 to 5 investment rating scale: Investment Rating --------- 1 Capital gain expected or realized 2 Full return of principal and interest or dividend expected with customer performing in accordance with plan 3 Full return of principal and interest or dividend expected but customer requires closer monitoring 4 Some loss of interest or dividend expected but still expecting an overall positive internal rate of return on the investment 5 Loss of interest or dividend and some... (PR Newswire)
Garson Gold Confirms the New Britannia Mine Economics for First Phase of Re-Activation Apr 28, 2009
- An after tax internal rate of return (IRR) of 18. 9% based on US$ 725 per ounce gold and an exchange rate of C$1. (CCNMatthews Press Releases)
Old Orchard owner expected to pass on General Growth malls Apr 18, 2009
Westfield has a target to generate internal rate of return of between 12 percent and 15 percent ... "It's not unreasonable to expect that Westfield will see that kind of internal rate of return coming from high-quality regional malls jettisoned from General Growth," JP Morgan said in a report on Thursday. (Crain's Chicago Business)
Set to beat real estate blues: Yatra Capital Apr 13, 2009
We expect to give 25% internal rate of return to investors over the seven years cycle with a possibility of two extra years. We have been extremely careful about our investments and partners, hence, there is no change in returns expectations. (India Times)
Accept reality of situation and adjust expectations Apr 10, 2009
We could be heading into an era of low return on equity, internal rate of return, return on assets, and all that. So Mr Kiasu will have to get used to the likely possibility of lower rates of returns for the immediate future. (The Star Online, Malaysia -- Business)
State agency seeks investors for housing Mar 30, 2009
It equates to an internal rate of return of 10 percent or better. Changes in prevailing interest rates have altered that rate-of-return picture in the past, taking it down to the 5 percent to 5. (Triangle Business Journal)
First Nickel Reports Financial and Operating Results for the Year Ended December 31, 2008 Mar 28, 2009
The Study indicates that the project has an internal rate of return of 40. 5% and would generate an undiscounted pre-tax, pre-finance cumulative cash flow of $65. (CCNMatthews Press Releases)
Aura Minerals Prepares to Recommence Drilling in Mexico and Brazil and Provides Corporate Update Mar 27, 2009
The operating costs have also benefited greatly from the Real devaluation and this should have a very positive impact on the Internal Rate of Return (IRR) and Net Present Value (NPV) calculations. Table 1 - Aranzazu Assays (see Map 1 below) -------------------------------------------------------------------------- Inter- Azi- val Cu muth Dip From To (1) (2) Au Ag (degr- (degr- (met- (met- (met- (4) (3) (3) Hole # North East ees) ees) res) res) res) (%) (g/t) (g/t)... (CCNMatthews Press Releases)
China Housing & Land Development Reports Year 2008 Results Mar 26, 2009
"Our goal is to become the leading residential property developer in Xi'an and in other urban markets in western China, measured by the combination of high customer satisfaction, high quality design and construction, the gross floor area created each year, total assets, and an internal rate of return greater than our cost of capital. "Our five primary strategies are. "One, focus on continuing to serve the greater Xi'an market and on expanding into the leading urban markets in western China.... (PR Newswire)
Greystar Receives Positive Prefeasibility Study for Its Angostura Gold Project Mar 25, 2009
- Base case pre-tax after government royalty Net Present Value (NPV) at a 6% discount is $558 million generating an Internal Rate of Return of 19 ... Using a gold price of $750/oz for the life of mine, the NPV at a 6% discount is $942 million with an Internal Rate of Return of 24 ... 1 per tonne -------------------------------------------------------------------------- Initial Investment $638 million -------------------------------------------------------------------------- Deferred Capital $307... (CCNMatthews Press Releases)
Taseko Announces Record Quarterly Production and 2008 Year End Results Mar 25, 2009
" Key highlights during the quarter and year include: - Gibraltar produced a record 18.8 million pounds of copper for the three months ending December 31, 2008, as a result of increased throughput achieved by completion of the Phase 1 mill expansion. - For the three months ending December 31, 2008, the average realized price, before provisional pricing adjustments, for copper was US$1.61 per pound and for molybdenum was US$19.96 per pound. - For the fiscal year, the average realized price for... (PR Newswire)
CORRECTION: AXMIN Improves the Passendro Gold Project Mar 18, 2009
Meanwhile the total cash operating cost increases by approximately 14% to US$431/oz whilst Net Present Value ("NPV", 5% discount rate) and Internal Rate of Return ("IRR") at a US$750/oz gold price remain very attractive at US$135 million and 27% respectively. At US$900/oz the NPV and IRR increase to US$244 million and 41% respectively. (CCNMatthews Press Releases)
Investors Bancorp and American Bancorp of New Jersey Announce Revised Merger Agreement Mar 17, 2009
Investors Bancorp expects the decline in transaction value from the original merger agreement date to the amended agreement date will reduce the amount of goodwill created in the transaction from approximately $56 million to approximately $13 million, increase the anticipated internal rate of return on the transaction from the lower teens to in excess of 20%, and reduce the dilution to fully converted tangible book value from 4% to 3. The impact on Investors Bancorp's earnings is not expected to... (PR Newswire)
Solar Water Heating Pays For Itself Five Times Over Mar 14, 2009
They have compared solar hot-water production per liter with electrical energy approaches and found that solar heating is 57 percent of the internal rate of return. "Solar energy is the only renewable energy source that has wide range of uses with commercial viability. Solar energy provide water heating, air heating and electricity through various modes of applications. The use of solar energy for thermal purposes is the most cost-effective way of utilizing the resource. A solar water heating... (Science Daily)
AEGON Maintains Strong Capital Position Despite Fourth Quarter 2008 Loss Mar 12, 2009
- Value of new business in Q4 of EUR 233 million, with an internal rate of return of 16 ... The value of new business (VNB) in the Americas amounted to USD 167 million, and the internal rate of return (IRR) was 12 ... The value of new business (VNB) increased to EUR 13 million and the internal rate of return improved to 10. (PR Newswire)
International Real Estate Considerations for the Outbound & Inbound Investor Mar 5, 2009
Levine: When we teach real estate here, we seem to always worry about return on investment and IRR (internal rate of return) calculations. Investments internationally, whether those inbound, as we say coming into the United States, or outbound, where you or I or Dean might go out of the country to invest, certain things come in front of these calculations. (RealtyTimes)
Gabriel Resources Ltd: Fourth Quarter 2008 Report Mar 5, 2009
5% Internal rate of return (after tax) 17 ... 61 Gold Production (Gross) oz. 626,000 562,000 7,930,000 Silver Production (Gross) oz. 2,685,000 2,172,000 28,886,000 Gold @ $ 750 per ounce ---------------------- Internal rate of return - after tax 20 ... The table below shows the impact of different gold prices on the internal rate of return, net asset value and Project payback. (CCNMatthews Press Releases)
Kinbauri Receives Final Scoping Study Report; Closes First Tranche of Private Placement Mar 5, 2009
As announced in the press release February 12, 2009, under the base case scenario, the results reveal a pre-tax NPV (at a 10% discount rate) of CAD $132M and an IRR (internal rate of return) of 42. Using current metal prices and exchange rates (as of February 12th) the Project has a pre-tax NPV (at a 10% discount rate) of CAD $221M and an IRR of 58. (CCNMatthews Press Releases)
Aecon Reports Record Results for 2008 Mar 4, 2009
The project remains on track to deliver an expected 14% after-tax IRR (internal rate of return) on Aecon's investment. Aecon does not include in its reported backlog potential revenues from operations management contracts and concession agreements. (CCNMatthews Press Releases)
Vultures go hungry Mar 3, 2009
This was the golden era and PacBrands was the quintessential private equity play - a three-year turnaround and an internal rate of return (IRR) of 141. There were plenty of ''three-bangers'' or threefold returns during these years. (Sydney Morning Herald -- Business)
Pacific Booker Minerals Inc. Announces Positive Feasibility Study for the Morrison Copper/Gold Project Feb 28, 2009
Pre-Income Tax Internal Rate of Return (IRR) of 20. 05%, based on metal prices of (four year trailing average as of January 12, 2009) Cu $2. (PR Newswire)
Sustainable Energy Technologies Ltd.: December 31, 2008 Financial and Operating Results Feb 28, 2009
3% internal rate of return even with reduced feed in tariffs. By comparison the same system using crystalline (15% efficiency modules would only yield 10. (CCNMatthews Press Releases)
Home Properties Reports Fourth Quarter and Year-End 2008 Results Feb 20, 2009
4% discount to face value, which produced a risk-free Internal Rate of Return of approximately 15% and reduced the Company's 2011 debt maturities by $60 million. A gain on debt extinguishment of approximately $13. (PR Newswire)
The Impact of the CCIM Institute on Commercial Real Estate Industry and Investors Feb 19, 2009
In fact, right now I am sitting here with Bob Ward the inventor of the internal rate of return. We started yesterday morning in Dallas, and we are rolling out our brand new financial analysis course and we've been sitting here teaching 52 brand new students the concepts of financial analysis. (RealtyTimes)
LIC launches money-back plan Feb 16, 2009
LIC officials said though guaranteed addition in Jeevan Varsha is lower than Jeevan Astha, the internal rate of return will be similar to it taking into consideration all factors. Read business stories in. (India Times)
'Golden' opportunities don't come cheap Feb 11, 2009
But if you needed any more convincing, the internal rate of return for the project, we are informed by the prospectus, is a juicy 29 per cent.. Ready to invest. (Globe and Mail -- Business)
