Friday, August 08, 2014 11:15:53 AM
Sorry man. Mark never came up with that number. Your lack of knowledge in this area is painful.
That number is the total resource in the ground times the Nb price. It is meaningless. If the resource grows that number grows but it is still not really useful. There are capital costs, mining costs. Administrative costs. Taxes (in this case after the tax holiday. Recovery rates. Time value.
If, as I expect, we do get a NPV of $1.5 B we will all be very happy.
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