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to give you some context - current DFS using 12.4mlbs over 15...

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    to give you some context - current DFS using 12.4mlbs over 15 years is 800,000lbs per annum.

    with upgraded resource targetting 3mlbs per annum over 10 years, the below IRR and cashflow PA and Australian $305ml NPV should increase substantially.

    i dont actually know how to calculate it but i would expect an IRR closer to 40-50% and NPV over $400ml AUD which is over 2 x current MC and we aim to be producing in 2024 calendar year.

    anyone with better maths than me want to take a stab at recalculating the IRR and NPV based on resource upgrade, 3mlbs and 10 years

    https://hotcopper.com.au/data/attachments/5057/5057623-c90669ad45125af03cf5a0156a3a3038.jpg
 
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