APC apc minerals limited

The DFS NPV was $665M and the FEED presentation NPV is $614M....

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    The DFS NPV was $665M and the FEED presentation NPV is $614M.
    The investor presentation as you point out is $415M. Originally I thought APC may have made typo and used the DFS number in the FEED but they have gone from nominal to real in their model.
    It's funny how when a company gets real, the numbers don't look so good (as was suggested by another WA SOP company some time ago).
    Looks like this project isn't quite as profitable on a comparative basis as some may have thought.
 
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