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Ann: Presentation, page-9

  1. heymj73
    79 Posts.
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    22/10/20
    10:00
    Post #: 48292088
    The DFS (released in March) is based on a nickel price of USD$15,750/tonne, USD$7.14/lb, and an AUD:USD exchange rate of 0.7.
    In other words about where the PON and exchange rates is at now. I don't believe the DFS assumption has changed so i disagree with your analysis.
    That's not to say that things are not heading in the right direction. Further material increases in PON and exploration success will drive SP higher.
    MCR Price at posting: 91.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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