$5.5m + 300m shares + 1 - 3% gross royalties.... Keep it real.
The NPV commentary isn't ridiculous, its how professionals actually value assets and it was based on the companies provided figures.
No doubt a few heart palps when the 50% NPV came back lower than the current diluted market cap even after another $10m needs to be sourced and spent.
independent valuation of luapula plant, page-162
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