EQR eq resources limited

Ann: Mt Carbine Hits Bonanza Grades Under Open Pit, page-78

  1. 65 Posts.
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    So my question is if the NPV could be $250m and there are 1,313,354,631 shares on issue, that's only a 19c NPV per share, $350m is 26c.....wouldn't the BFS be shown to be the life of the resource at probably around $1 billion and 76c?
    Or am I totally misguided on the possible share price?
 
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