value comparison, page-7

Request to the accountants out there.

Without understanding the intricacies of the financial model am I correct to assume:

The product price of uranium is $62/lb and increased at a rate of 2.6% pa.

The model calculates the NPV at a discount rate of 8% pa (this would be on the revenue less costs)

So if I apply the same NPV to the uranium price for the 29Mlb I calculate an average uranium price in today's dollars used in the model of $51/lb.