i just went back to the VES announcement in Feb 2017.
Back then they had the 1.25Mtpa case with NPV388m which was +$50m over base case.
The peak CAPEX for the 1.25Mtpa case was $194m, (versus $183m/1Mptpa) and note this is not pre-production capex either.
So today's announcement has added $68m (constant price deck) to base case NPV, or 28cps.
And we are trading at 18c!! crazy.
Ann: Sulphur Springs DFS Update, page-5
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