Ann: Maiden Ore Reserve for the Razorback Iron Project, page-102

sorry got my wires crossed mate

Net present value (NPV) is a financial metric that seeks to capture the total value of a potential investment opportunity. The idea behind NPV is to project all of the future cash inflows and outflows associated with an investment, discount all those future cash flows to the present day, and then add them together. The resulting number after adding all the positive and negative cash flows together is the investment’s NPV. A positive NPV means that, after accounting for the time value of money, you will make money if you proceed with the investment.
Hope this helps

so to be reporting a positive project NPV of 300mill after tax is pretty good for a 2mpta start up, IMO we could see this increase to 10mpta in the direct years following production.

@Realinvestor1 feel like crunching some numbers based off this announcements figures and sharing a start up/expansion scenarios. Re SP