Apologies, my mistake, yes NPV not IRR impacted by discount rate. Schoolboy error!
Re mikesurt hypotheticals - IMO you should forget all that stuff because of the myriad of variables and just look at this as a DISTRICT SCALE exploration play. This is at least part of why SFR wants to play here.
Apologies, my mistake, yes NPV not IRR impacted by discount...
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