RE:RE:RE:RE:RE:down $.08 before news
IRR of 80% before capex and 55% including capex is great. Payback went down from 1.4 years to .9 years. The fact that they believe that they can pay this off within a year is insane for a project this valuable. Fact is now Timok is even further de-risked which can only help our valuation going forward.