RE: More distortionsBiobot, magnete whatever, again completely intellectually dishonest. NPV is not the same as assets on balance sheet. Especially when it's calculated with wrong moly price assumption. Cumo NPV is probably zero since it won't get build. There are several (dozens most likely) better moly projects.
TCM's project NPVs are not on balance sheet. So don't put Cumo on MSQ balance sheet either.