2x NPV of NAL, just NAL. Are Authier, Moblan, Morella, Tansim, the tenements surrounding Moblan and any potential gold and graphite in WA all of a sudden worth nothing?
If you're going to downramp, at least include ALL of SYAs projects and assets into MC rather than cherry picking just NAL. There's a huge difference between NPV of one asset compared to MC of the entire company
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Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-429
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