There is no NPV estimate for EMM at this stage. I expect Justin has some ballpark figures but they are not fit to release at the moment. Once production starts, I am sure the profits will be ploughed into the Feasibility Study. It won't be available until mid-2022 at the earliest. So if you hand on until then, you might see a $6 SP.
Ann: Binding Take or Pay Offtake Terms Finalised with OM Holdings, page-73
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