HVY 2.56% 8.0¢ heavy minerals limited

Ann: Drilling Completed at Port Gregory, page-4

  1. 545 Posts.
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    It is very clear that hvy will be a producer. A current and very conservative NPV of $253M compared to a current mc of less than $7M (36x).
    We are close to all services and labour, increasing product demand and supply deficit, high quality product, 4.2 year payback with a 16 year lom (current resource without upgrade, not Inc Red Hill), 33% IRR......what's not to like!
 
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