10c Party -Industrial Minerals and Renewable Green Hydrogen Project, page-302

I was reading through the presentation again, I definitely jumped in for the hydrogen, however going through the preso I realised there's also 2 completed DFS, Mardie and Coburn.

Mardie :
NPV of $1,197M (pre-tax real), annual steady state EBITDA of $197M, total revenue of $22 billion and total net cash flow of $10billion over 60 years, with total capital cost of $779M

Coburn :
Pre-tax (real) NPV of A$705 million and IRR% of 37%, with total capital expenditure estimated to be A$260 million

So for these 2 projects a total NPV pre tax of 1.900Mn. So at current share price the Market Cap is about 3.5% from the NPV for these two project ONLY.

Am I getting this right ?