Assume profit 10% at $200/T = $20/T
2MT x 15 years x $20/T = $600M
Current cap c.$50 (including unlisted and options)
What sort of discount do you put on this kind of JORC resource given the stage of production? On the basis of this, the market is currently around a 10% discount rate.
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11 | 6740003 | 0.003 |
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