What You might find D12 is that we are around an NPV for Perkoa atm.I believe the NPV was around US$400M(at the current zinc price) which with around 1200M shares(fully diluted?) on issue gives an sp of 30cps.
So it begs the question why is the sp still going up.
Imo IF these rough(conservative) figures are correct the market has gone past an NPV rating and could be factoring in actual production and OCF.
d
domums final call., page-8
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