It's just that, $900 million for a project with negative Npv at current prices, is just way too much. As a random example, gcx.v has a +~$400 million Npv at current prices (post recent met improvements,) and their market cap is about $7 million.
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-1059
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Last
$1.10 |
Change
0.035(3.30%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.10 | $1.05 | $1.453M | 1.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15322 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 26105 | 3 |
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