From yesterdays BreakAway note:-
hTTp://wlf.live.irmau.com/IRM/Company/ShowPage.aspx/PDFs/1235-98105333/Breakawayresearchupdate
"The DFS indicated a project NPV of £74M (A$122M or A$0.62/share) and assumed an APT price of US$360/mtu and a tin price of US$30,000/t. Cash costs (after tin credits) were estimated at US$105/mtu. Current APT and tin pricing is US$417/mtu and US$21,000/t respectively. Based on commodity price sensitivity analysis, Breakaway estimates a current NPV range of between £100-£110M A$0.84-$0.92/share)"
DFS was at APT price of US$360/mtu, as Tungsten keeps rising, and all the reports suggest it will, NPV will just keep going up.
SP really appears to be lagging behind just now.
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