resource announcment - npv Read the annoucnment yourself if you're interested but basically substantial increase in resource size and they've calculated a rough NPV of $74 mil with an IRR of 55% and a payback period of less than 2 years. Very impressive for a company capitalised at under $10 mill.!
The Chinese smelter company took a placement at around these prices before they'd done these calcs or expanded the rsesource size so looks pretty good value to me.
Any thoughts?
Cheers
hots
- Forums
- ASX - By Stock
- URL
- 94 metres @ 94% cu & 0.08 au
94 metres @ 94% cu & 0.08 au, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)