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Thanks for your reply sicole.Although like you I'm pleased with...

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    20/09/11
    20:15
    Post #: 8985815
    Thanks for your reply sicole.

    Although like you I'm pleased with the new scoping study. I'm a little concerned that CFE announced the first scoping study with such an aggressive wacc (artificially and unreasonably low).

    I'd like to see the NPV using a post tax discount rate of 12.5%, like was used by SDL recently. The NPV would be much closer to $500m.
    CFE Price at posting: 45.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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