very happy with last quarters progress. if I am correct, we will have a cash balance of around $3.4 million after receiving remaining payment from JV. That is an excellent amount of cash required to pursue any of the 3 projects we have and significantly increase company value.
I would like to hear someone else's view as I'm not sure if my understanding of NVP is correct.
If the Lochinvar project received a NPV of US$263M in the 2014 scoping study, is that what the project is estimated to be worth after all expenses, operations and discounted factors are valued in. If so, if the company was to look at selling the project rather then pursuing ourselves. Is this value from the NVP what we would use to assume a rough valuation of the Lochinvar project?
very happy with last quarters progress. if I am correct, we will...
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