As it can be seen, the NPV was derived with a SPOD price of around $1400. We all know what the SPOD price is and expected to head higher still.
At a SPOD price of $2,200 out NPV goes to $2.5B. Current SPOD price is double that, so our NPV would go to $5B. This of course, is not taking into consideration PLLs cut, but still....
As it can be seen, the NPV was derived with a SPOD price of...
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