Ann: Expression of Interest HMS Bergbau Offtake from Victory Bore, page-36

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Hank Mclovin

715 Posts.

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25/11/24

10:07

Post #: 76758746
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Originally posted by Sasha39: ↑

WOW! Ashod83, Great fine and fantastic news from Paul. The Victory Bore Project has a mineral resource estimate of 464.6 million tonnes and a 2023 pre-feasibility study highlighted a net present value of US$1.1 billion, a 42% internal rate of return, and a 2.4-year payback period for its 24-year mine life.
And with KfW IPEX Bank funding this is going to take off in a big way can’t wait to get back in, but I think I’ll wait until it get down to .002 that way I can buy twice as much for the same amount of money.
But mark my words….no scratch that, mark Paul’s words this is a Huge opportunity.

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I wonder if he dusted off an old TNG script and replaced each mention with "Surefire"

Also, I've made my views on MOUs known here, my view on the Expression of Interest is that its the corportate equivalent of "Is this still available?"

SRN Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
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Ann: Expression of Interest HMS Bergbau Offtake from Victory Bore, page-36

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Ann: Expression of Interest HMS Bergbau Offtake from Victory Bore, page-36

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