'Highlights include a post-tax NPV of US$1.69 billion and an IRR...

'Highlights include a post-tax NPV of US$1.69 billion and an IRR of 98 percent, both at a 10-percent discount. Pre-production capex is set at US$269 million, and the payback period is pegged at 14 months.'

http://investingnews.com/daily/reso...s-resources-nahcu-bankable-feasibility-study/

Gosh 14 months pay back that seems a long time & IRR didn't even make it over 100%. We have a MC of A$234M which is SO much smaller than US$1.69 billion - is that bad ?

Oh dear Friday was down on approx the same volume as Thurs was up - Thx NL for the heads up, I better get out B4 it's to late - Oops I bumped into a tree

BTW can't see why it has to be US$1 billion + US$0.69 billion & not just a nice round US$2 billion - sucks really.
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