Correct me if I'm wrong, but a $1B NPV using a spot price of $1205.00 against the current spot price nearing $5000, wouldn't this equate to around $4B NPV? I for one prefer a conservative approach instead of overshooting but insto's will surely be able to make this calculation themselves if I'm on the right track.
Happy to be corrected.
Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-132
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