So the PEA NPV 1.1 bil USD say 1.6 bil AUS at an 8 % discount rate no value on water permits.
An offer with a 30% premium 130 mil AUS so less than 10% on the AUS NPV from PEA and no value on water and thats the floor where you want a bidding war too start.
What will the new NPV be from the PFS using higher prices?
In the PEA $4.05 Cu price was needed for larger pit and no UG cave mine and reduction in CAPEX. Water removed from mine CAPEX. Higher Copper and gold prices used for PFS
Water business study will put value on the water it also has lower LVR funding requirements for CAPEX then mining industry.
Any wonder low ball bids would be happening right before true value can be shown by PFS's.
If NAB and SQ were white anting to help North American buddies to get control and bargain basement any wonder they are gone?
HCH Price at posting:
71.5¢ Sentiment: Buy Disclosure: Held
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