Here is a quick overview of our value proposition using the following assumptions:
- Current spot prices for Copper and Cobalt
- 10% Discount rate
- Conservative payability and recovery figures
- No exploration upside (in reality there is loads of upside here for both LOM and throughput)
Inputing these figures gives a combined pre-tax NPV of A$1.45 Billion, or approximately 15x our current MC.
