Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10035-200-46 - Rev. 0
22-7
Table 22.6 - 20% Capital Cost Increase
(Millions) Pre-tax
8%
10%
12%
NPV
$502
$368
$272
Model
$563
$426
$327
Variation
($61)
($57)
($54)
Percent Change
-11%
-13%
-17%
(Roche, 2014)
Table 22.7- 20% Power/Energy Cost Increase
(Millions) Pre-tax
8%
10%
12%
NPV
$560
$424
$325
Model
$563
$426
$327
Variation
($3)
($2)
($2)
Percent Change
-0%
-1%
-1%
(Roche, 2014)
Table 22.8 - 20% Acid/Reagent Cost Increase
(Millions) Pre-tax
8%
10%
12%
NPV
$461
$347
$264
Model
$563
$426
$327
Variation
($102)
($79)
($63)
Percent Change
-18%
-19%
-19%
(Roche, 2014)
22.3.4 Sensitivity Analysis
A summary of the sensitivity analysis is presented in Table 22.9. It has been
performed to assess the impacts on the financial results of the project given
variations in the risk factors.
