Re NPV, a LOT has happened since the 2018 PEA. The pricing (and cost) landscape has evolved significantly. No-one can reasonably deny this.
Consider the following example scenario from the PEA, to illustrate sensitivity to pricing:
Key takeaways: - At a product price of $15,500/t, the NPV of a 15ktpa operation is around $650M - If that price increases to $20,000/t, the NPV increases to above $1B, and the IRR exceeds 90%
Let that sink in. For the production scenario of 15ktpa for 11 years, an increase of "only" $4,500/t pricing raises the NPV by almost $400M.. Read that again.
What happens at $25,000/t...? What happens at $30,000/t...? What happens if (when) we increase the LOM and/or production rate after the current drilling campaign...?
Some people need to type less and do more MATHS imo.
DYOR and $$$ schedules.
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AGY Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held
