Sumitomo chasing this for an NPV of $180m?? Wouldn't even make a...

Sumitomo chasing this for an NPV of $180m?? Wouldn't even make a tiny dent in their market cap

Geez, you just do not know lol Your knowledge of finance is so poor, like you think exploration expenditure is listed as a liability lmao

As I said they really had to push the numbers to make this viable. Too scared to list the EBIT or even Revenue. Reality is much different hence the muted response today. Downtrend to resume next week and Incor will continue selling. Good luck

Also, this is based on 100%. Reality is 80%

No margin of error in this feasibility. Push the opex up to $15, Capex to $25m, discount rate to 10% and you'll see just how marginal this is and on a 100% basis

So much for this being worth billions or even trillions as Slasha claims.

Next FMG? Not even close