RE:Wake up. Numbers suck, hence the sell off Do you know what price for their product was used in the PFS?
To me it seems that CAPEX has little influence (less than 10mio +/- per 10% change) on NPV whereas OPEX +/-10% has an influence of 50mio USD +/- So there should be still a positive IRR when CAPEX is up 10% but as the numbers include at least 20% contingency if I get that right the question is if 10% higher CAPEX is highly probable.
And 17% IRR after taxes and other stuff like royalties is something I would see as ok for a PFS in this commodity knowing that there is still room to improve the economics and as far as I know a positive IRR shows that the return of the project is higher than the cost of capital?
thanks in advance for your answers.
Just my personal thoughts. DYODD
carinthian