Yup. The minimum target range should result in about double AZLs current JORC resource (though to be fair, they have a massive target resource too) PLUS a massive bromine resource which will at least double the LCE NPV. So assuming the minimum target resource is included in the DFS, the total project NPV would be roughly 4-5 times the current NPV of AZLs. If the JORC upgrade is above the minimum it just adds more to the DFS valuation, and further highlights to massive upside opportunity with ASN when compared to peers.
ASN General Discussion, page-311
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| Open | High | Low | Value | Volume |
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