re: Ann: Positive PFS for Admiral Bay Lead-Zi...
Maybe it's just me, but it looked a little underwhelming.
NPV of $160m - the feasibility will cost $184m - that isn't great economics.
IRR of 12% - pretty low considering the cost of capital.
Sure, there might be upside, but there might not be.
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Ann: Positive PFS for Admiral Bay Lead-Zinc-Silve, page-7
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