Please note from page 26: "NPV ranges are from US$120-220M,...

Please note from page 26:

"NPV ranges are from US$120-220M, depending on
the production scenario and when estimated, and
further work is planned to update this. The project
is most sensitive to revenue (gold price, ore grade,
BRL:USD exchange rate and processing recovery)."

I think we can all agree that *IF* Marcus, Paul and co. can start to show some real and meaningful progress, we should see some sort of re-rating with the new entities market cap.

I think that we can also agree that it's been the lack of any meaningful progress over the last couple of years which explains CAS's current share price -- when considering what the NPV of Borborema is currently, and could be in the future.

Also, it's been Juruena that was the thing that punters were looking at closely, not Borborema. Borborema was sort of an add-on.

What will be the new companies potential NPV for the two mines combined?