RE:MOZ NPV VALUATION drops to $361MDoing a good job with the tree shaking.
Biggest issue was the overly optimistic capital costs which has been reflected in the share price for many months.
$361 NPV5 is dramatically down from $600 NPV5 at $1500 (at $1700 NPV5 is $600m).
After completion of mine in Dec 2024 NPV5 will be $1.2B.
Just loving the wailing on this board. Have bought and sold this many times and in my opinion it is back on sale. Will I be somewhat disappointed in Dec 2024, probably but only in the respect of less than stellar gains.
I have about 90 positions (some very small, just waiting developements), there are only 2 of my mining stocks in the past few years that have never disappointed in terms of management and promises kept EDV and KRR. I'm not pushing them there is very little that the minnows on this board can do to elevate their share prices.. Keep whining, its entertaining.