Furnaces, I am not sure Stage 1 would deliver a really large NPV. I could be wrong because the process efficiency rate will be much higher, along with the long-term price, compared to the original DFS. Stage 2 would definitely bring home the coco, and we are talking BIG numbers for that scenario. Time will tell, but in the scheme of things the current AUD$267 million market cap for a fully approved project is rediculously low.
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