I don't think 8% is too bad, you are looking at close to 10% return on capital/debt for a 8% discount rate. I've used WACC since its mostly used as proxy for discount rates. Not sure what commercial interest rates are but I think it would be lower than 10% as the project doesn't seem that risky (based on PFS results). Lets hope DFS is same or better.
VR8 Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
