Thanks - as you can probably tell, I'm no accountant just a bloke who tries to lay out the numbers in a way that makes sense to me.
I get your NPV calculation and see that it can be used as another way of estimating fair value. That said, in relation to Pluton, would it also be fair to include the JORC'd Irvine Is numbers into an NPV?
I did a simple calculation on that once and I wasn't game to post it because it seemed too much like a ramp. I'll see if I can dig it up and have another look at it. At worst I can maybe post the assumptions I used and let others work out their own NPV :)
Cheers
Badfish
PLV Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held