also DFS states $1.3 billion in Pre tax NPV at $19k LCE so FEED would give a 25% discount on that so $975 million x 2 plants for 2 projects $1.95 Billion / 1.2 billion SOI is another way of looking at value based on pre-construction value ........ Regards TT
Ann: Mines and Money Miami Presentation, page-35
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