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hi amok an interesting announcement all in all. the metrics and...

  1. 151 Posts.
    hi amok

    an interesting announcement all in all. the metrics and NPV calcs for the project are based upon a Tungsten APT price of $455/mtu. Which is all fine and dandy, excpet the current APT price is $360/mtu. That is 20% below the assumed project revenue pricing...the price range over the past 2 years has been from $350-$450/mtu and is now back at $360/mtu. A 20% back down on revenue has the project with a negative NPV.

    at best i would call this misleading...or amateur. Why on earth would you put this sort of financial case study to the market with total rubbish revenue price assumptions?
 
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