"Zacko, I have arranged finance for an ASX listed Coy....and finance is my day job for residential, commercial, business and equipment.I can assure you financiers do not consider the NPV in their analysis."
This is so wrong.
MINEfinanciers absolutely care about the npv of the project not least of all in case of default and they need to take ownership of the asset ( and its disposal value ect ), additionally mine financiers tend to take partial equity stakes in one way or another in the projects.
A typical andromeda holder who is consistently wrong giving more wrong advice, a tale as old as time.
Ann: 2023 Definitive Feasibility Study Results, page-256
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0.9¢ |
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Mkt cap ! $28.84M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 53 | 15483053 | 0.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 18776252 | 23 |
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