Great Update in terms of sector with asx listed IPT with a $ 34...

Great Update in terms of sector with asx listed IPT with a $ 34 milliion market cap releasing

Impact’s share price is up and to the right today after this morning’s announcement revealing the company has hit the key milestone of achieving 99.99% (4N) High Purity Alumina (HPA) at the Lake Hope Project, in WA – via the “proprietary and patented Playa One Sulphate Process”.

Impact, underpins its recent Scoping Study, which demonstrated an NPV(8) (net present value) of $1.3 billion for the project.

CR9 Scoping Study Under the 200,000tpa kaolin production scenario, the project could generate NPV of $1.18bn and whopping IRR of 78.8%.
The 40,000tpa HPA option is also attractive with estimated NPV and IRR of $4.62bn and 53.8% respectively.

This is just give an idea, obviously the PFS is going to provide a much more accurate picture but sheesh trading around a $10 to $11 million market cap, the stock price has major potential to move hard when sentiment turns. Risk vs Reward looking good here.