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Big Plans obviously!Keep in mind the NPV of Mt Peake. If we get...

  1. Pokerface
    7,292 Posts.
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    17/10/13
    10:44
    Post #: 12451150
    Big Plans obviously!

    Keep in mind the NPV of Mt Peake. If we get a translation of even one third of the stated value to the share price following all the raisings, and following the "deal", whever that may occur, we are well over $1 in share price. I believe the NPV of Mt peake will be far higher than the $2.6b in time. Eg, the price for the iron oxide used in the NPV calculation is far lower than what might be expected for the purified product. Also, the resource is likely to be far larger.

    Go TNG !!!

    The extra raising may also allow them to push forward carefully with Mt Hardy
    TNG Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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