General comments/chat, page-34593

Sensitivity analysis To obtain further confidence in the Project’s financial returns and value, a sensitivity analysis was conducted by varying key input values and recalculating NPVs.

The results of the sensitivity analysis for NPV and IRR, respectively, are presented in Figure 12 and Figure 13.

The results show that the Project’s value is most sensitive to the following changes: Product prices - a 10% movement in prices over the period of analysis increases or reduces the NPV by 26%.


AUD:USD exchange rate - A 10% depreciation increases NPV by 20%, a 10% appreciation decreases NPV by 17%.

Operating costs – a 10% movement in total operating costs over the period of analysis increases or decreased the NPV by 13%

from the DFS