No. In theory $5.15 should be the price the moment that construction commences as that is the point in time when it matches NPV, but I don’t expect that as it doesn’t account for construction and ramp up risk. One should expect $5.15 when it proves profitable, and slowly trickle to zero throughout the life of the mine. One could plot the NPV over the life of mine and it would peak at the first point of full production. It would be greater than $1.7 billion at that point as profit is closer in the future, but not by a lot.
News 
Market Data 
Discover 
