Yeh I do recall, and as excited as I was to see that, I think they were a bit light on the discount rate and potentially a little optimistic on the expected nickel prices into the future after I recreated many of the assumptions in a model and tinkered with it a bit. Although in saying that, the forecasts were made by a company with much more knowledge as to commodity market dynamics than me and I tried to be conservative where possible. Hopefully I'm proven wrong.
AVQ Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held