scoping study result vs upcoming pfs..., page-2

Interesting presentation by Stellar released today, a little behind the times but hey, the following still looks good to me, especially since the comparison does not include any recent JORC updates.

I should point out, just in case you are considering buying Stellar, that their NPV is only positive if fundamentals are above where they sit now. From memory, the AUD needs to be sub-90 cents, or somewhere near there and the tin is supposed to be US$22,950... which only gives an IRR of 10% and a NPV of $11 million.

Not worth the trouble unless tin moves higher, or once we make a killing in CSD. Wishful thinking??? Well, I do hope our PFS gives better results.

;-)

Moorpett, I'm still waiting for that announcement!!!