re: Ann: Advanced Off-Take and Debt Negotiati...
Heh Yank,
Buy on the rumour sell on the fact.
I like this little paragraph.
"The Silver Hill Pre-Feasibility Study (PFS) completed in April this year indicated capital payback within two years, a Net Present Value of more than $300 million and an internal rate of return of 70%."
So NPV = $1.00 + per share ( thats a big tick) Capital payback, is that for the $80 mil development of the smelter???
Internal rate of return, is that on the $80mil investment.
I like the announcement just want to see $1.00 for my shares.
CQT Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held