Analyst report and non-official figures are always over optimistic. Today’s PFS, using cobalt price USD$33.8/lb, AUD/USD, 0.75 to 0.70, discount rate 7.5%, still only delivered 22% IRR, capex A$550m, NPV A$544m. It doesn’t look good.
I88 Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”
AW1 American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge
