I believe the sales to off take, Ganfeng, are at market prices. Costs are $US 364.60/tonne and prices in the prospectus are $US 1,200 for first 5 years then 900 from then on. At these costs and prices the NPV (8%) last year was $US 4 billion.
I believe the sales to off take, Ganfeng, are at market prices....
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