The actual NPV of the Gonneville deposit is around AUD$14.59 (10% of total NPV ) based on the very low cyclical prices of all six metals at Gonneville and today’s US currency rate.
So there is that super massive disconnect between CHN’s SP and the 10% NPV. This needs to be confirmed when they release the PFS in 6-8 months time. This is a rough calculation and may be wrong altogether but can’t help ignoring this impressive number.
Not investment advice and please DYOR.
CHN Price at posting:
$1.62 Sentiment: Hold Disclosure: Held
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