Actually an Update. I can replicate CZI's figures now. A point I want to back track on though. The way the PFS came out it's designed to be a (very) long life project thus NPV extremely sensitive in the revenue (p.a.) line. I initially noted the Payability at 70% for Ni being pretty low (conservative) versus the Dumont analysis, say 10%. I opined the Ni price used was more important. However, if I put in (even) a 5% better payability the NPV jumps to $1.08B. So there's going to be offsets to argue about on either side.
CZI Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
