Originally Posted by
Joshuatree
Thanks KT, i hadn't cited that announcement on friday . Awaiting German Govt sign off on the 14th Dec which looks a done deal atp.
"Interestingly, the study was based on a highly conservative average HPA price of US$26.90/kg over the 30-year initial project life. The study noted that if the current HPA market price of US$40/kg was assumed, the project would then show an internal rate of return of 33%, an annual EBITDA of AUD$170m and a net present value of just over AUD$1.4 billion"