Hi jhaas,
The NPV of the PFS was extremely conservative on several bases:
- 2Mtpa operation
- Did not include what will be an updated ore reserve
- Input prices conservative to present contract rates
The project is now considerably derisked and will allow for a larger throughput plant and a larger ore reserve. The DFS should also have more specific detail on things such as technical vs chemical grade production which will give greater clarity on prices and revenue streams (as well as strip ratios etc). IMO it's a good thing to use conservative prices so provide a base with upside rather than downside potential.
These are just off the top of my head, I'm sure there will be others who can fill in any gaps here as well.
Basically you can think of the PFS as a very conservative baseline for the project which proves it's potential with much upside to come.
- Forums
- ASX - By Stock
- NPV vs Increasing Market Cap
Hi jhaas, The NPV of the PFS was extremely conservative on...
-
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B |
Open | High | Low | Value | Volume |
$2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 163532 | $2.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.87 | 44591 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 66953 | 2.860 |
42 | 150873 | 2.850 |
15 | 58401 | 2.840 |
6 | 44569 | 2.830 |
14 | 151890 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 10000 | 1 |
2.880 | 6993 | 1 |
2.890 | 32896 | 5 |
2.900 | 27500 | 4 |
2.910 | 93812 | 9 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |