VR8 2.44% 4.2¢ vanadium resources limited

Ann: Steelpoortdrift PFS delivers superior results, page-122

  1. 2,124 Posts.
    lightbulb Created with Sketch. 45
    Hi there im new to VR8
    can someone explain to me how a production of 39mlb x 25 years at ($9/lb - $3/lb operating cost) = $5850million (5777m ebita below),
    can end up with a NPV of only $1196 million, thats a lot of ITA !.
    Also is the 39M lbs including the 3.2 post expansion?
    https://hotcopper.com.au/data/attachments/3341/3341797-cce7271a0fead7e964c370f0ddc61610.jpg

 
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