General Chat, page-5534

Agree. They should use updated values for capex, opex, grade etc. Maybe show comparisons between new and old for Full Estelle NPV (which is what they need for their options activation so it will happen).

The increase in CAPEX/OPEX is going to be dwarfed by grade increases. And if they go for RPM-first, the smaller CAPEX of the RPM starter pit scenario, will lift the NPV anyway.

Can't help but be excited to see those sensitivities again. Possibly going from:

- 3 Mox Indicated to 7-8 (?) Moz Indicated so up to a 266% increase
- Adding Measured 0.5 Moz (?), adds xx$
- grade increases by xx%, at least 20% IMO but possibly much higher depending on RPM (not Cathedral as would be Inferred most likely)

2-3 NPV of SS1 is likely, but lets see how it will look like.

@NovaMInerals2 hopefully we can show a convincing path to production to the market with some solid numbers that will surprise the market to the upside this Scoping Study.