The updated Cenkos report is available on the website.
https://www.neometals.com.au/investors/company-research/
Below are a couple more pages from the report. Considering the NPV of the Vanadium Recovery Project from March (below), hoping they can do a bit better on the project level equity component. Darren was interviewed in the Crux interview in July and he indicated that the equity was to be valued on the NPV.
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