NPV is a very useful metric when projects are at the planning & DFS stage trying to get finance etc.
Once the plant is under construction the market will look at projected earnings. This is commonly measured by EBITDA or forward PE ratios. Most lithium companies in production are measured on a projected EBITDA multiple. If a company like MNB has projected growth the market will assign a higher multiple/PE
For example no one looks at the NPV for companies like Core Lithium or PLS, that is a forgotten number now they are in production.
MNB Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
