Outworld the current share price isn't abysmal at all.....a near $200m market cap for a project with a PFS NPV of $630m based of a fluorspar price way higher than current, is way overvalued.....The Chairman in one of his twitter posts dismissed the logic of attributing importance to the NPV....It is the barometer of asset valuation!.....Now that more incentive shares are linked to share price performance the spin will continue.....Much more professional to link to project milestones ie FID and first sales etc
TVN Price at posting:
9.1¢ Sentiment: None Disclosure: Not Held
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