RE:Updated Net Present Value of Sulphide ProducctionIt should be noted that the updated NPV5 is exclusively for the production and assets of the Floatation Plant.
It excludes Peranghi and Mentique, cash on hand, value of the oxide mill along with the value of the Murchison assets.
Further, it assumes a tax on profits of 27%.
However, Monument has $44.6 million US in forward tax loss pools which can be used to offset almost all taxes on Profits.
So, fair value of Monument including all of its assets is much larger than estimated in my updated Fair value table.