GBE globe metals & mining limited

Ann: Positive metallurgical testwork results achieved at Kanyika, page-2

  1. 3,344 Posts.
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    "99% comparing favourably to Globe’s August 2021 feasibility
    study of 95% based on the HF process." - Thats a significant boost to DFS

    remember Feas was "Net Present Value of US$1B(pre-tax) at a discount rate of 8% per annum."

    Whilst the math isnt as simple, you can assume a significant increase in product sale as a result of a 4% increase in recovery. Feas as well appears to be at 75% recoveries "High metal recoveries of ~75% for niobium and ~73% for tantalum"

    Two good announcements in a row now, market can get excited and with this low retail float we can easily find our selves very over valuedNet Present Value of US$1B(pre-tax) at a discount rate of 8% per annum.
 
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