Prefeasibility March 2020: 18 Mtpa Ultimate Expansion Page 263, 24-7 shows NPV(0) = $64.154 billion; NPV(8) = $16.164 billion.
Copper $4 lb.
IVN share at NPV0 = $64.154 billion x (0.396) = $25.4 billion.
IVN share at NPV8 = $16.164 billion x (0.396) = $6.4 billion.
Remember there are 1.2 billion plus shares outstanding, and Prefeasibility isn't as accurate as Feasibity. There is a huge difference between standard discounting at NPV8 and no discounting at NPV0. NPV8 is usually applied to a stable business like a Tim Horton's, not a mine in the DRC. Regardless, $100 a share isn't in the cards by any logical measure except possibly an overly exuberant stock market.