Hugely positive Updated PFS.key to note is that BOTH reported...

Hugely positive Updated PFS.
key to note is that BOTH reported NPV and IRR are assuming commodity process WELL BELOW market. Hydroxide at $17k (spot near $40k). Tin $24k vs spot at $42.5k (!). capex and opex are higher than 2019 pfs BUT much higher updated IRR take both of those into account for a juicy 36% post tax (again on those much lower commodity price assumptions than spot).
By my calculations if you adjust both of these commodity price inputs for spot you get to >USD 4bn NPV and IRR probably close to 50%. This means the stock is valued currently at CHEAP c8% of NPV!
and this assumes ONLY 10% of total resource is utilised.
This can SKY ROCKET