"At PFS stage MNS had npv of $1.06 Bn.
Now VRC come in with a substantially higher npv"
MNS post tax PFS NPV = USD 1.04 Billion
https://drive.google.com/file/d/0B4uXa4wmbiIMRThOZU5CT1VsQzQ/view
VRC post tax PFS NPV= USD 890 Million
How can you say that VRC's PFS stage NPV is substantially higher than MNS's???
Ann: Pre-Feasibility Study Completed, page-43
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