Taylor Collison Reportfrom Feb 2 can be found on Kibaran website.
Gives a NPV/share of 59c based on conservative basket price - $1300/ tonne.
Just FYI, using similar conservative metrics and no increase in annual output I got a pre-tax NPV of US$180m. Using a slight incremental increase of 40k tpa for first 2 years, then 60k tpa for year 3 step up, resulting in 78k tpa for 15 year life (iw. years 5-15) I got US$310m odd pre-tax NPV.
Following KNL's staged production plans *but using 75k tpa (not 84k tpa) and 140k tpa (not 150k tpa) I got a pre-tax NPV of US$490m.
Cheers, GLTAH ... where is the due diligence ...
r
