Sorry, i meant for EMH, not LPD.
Interestingly if you combine the PFS from EMH with the PFS from LPD, you would find that EMH would get a better NPV and IRR if they just sold the concentrate to LPD at the price that LPD used in their PFS, and that LPD would make more money even after they bought the concentrate than EMH would have made with their current PFS.
ie, EMH would make $95M/yr on $200M capex instead of $130M/yr on $400M capex
obviously LPD would make $160M/yr after paying $126M for the concentrate.
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