HHR 0.00% 0.7¢ hartshead resources nl

True but measures like this are a bit like valuing the precious...

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  1. 875 Posts.
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    True but measures like this are a bit like valuing the precious metals on passing asteroids, youre never going to get all that.

    The vehicle the vale comes from is the mining company which has a cost of capital, big capex bills, staff and taxes to pay.

    NPV of phase one is under a billion AUD last I checked, which is why an earlier figure of 41c for phase one had me a bit confused.

    The most attractive metric is how quickly the project will be paid back, irr will be great.
 
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