Yes Tigers big difference from the inital NPV. 4.9 billion down to less than $2 billion.
DFS was done on a projected forecast of Mt Peakes commodities since then we've had a 50mil improvement with Tivan refinery and the news of purity in Titanium dioxide adding to our cash earnings.
The current NPV seems a long way out from the projected DFS forcast after all how much can our commodties rise by the time we go into production?
Who knows though the way PB is dragging this out commodity prices could have tripled in ten years.
Jokes aside this AGM will be a big one and although I cant be there I hope those that are can asked the relevant questions.
PBs response to questions of importance usually end with..... share holders and market will be closely or updated shortly.
I reckon he'll be side stepping more than Jarryd Hayne in a game of rugby come this AGM unless an annoucement comes out before hand.
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