Remember the final opex has not been published on the bankable model yet.
Every 50cents saved on opex translates to about $300 million in NPV value $9 per pound.
So a V price upswing and an opex downswing can get us to $1 billion NPV very easily.
The NPV / Share figure is the rated Shareprice so with minimal dilution we still will see significant upside as share holders.
$1-$5 range is my target under all scenarios. ($250 million to $1.4 Billion)
Value determined by a lithium style run anything can happen
Remember the final opex has not been published on the bankable...
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