Apr. 15 at 10:56 AM
$UAMY $USAR $MP $ALB $GPHOF
What do you think that will happen when corrected NPV of Tanbreez around 24B$ vs 3B$ shall be published .
Soon with so called Replacement PEA whose only interest is to display corrected NPV of april 2025 PEA .
Tanbreez has an extrordinary particularity , PEA done in April 2025 is full of errors , 3 decreasing NPV , 4 rising NPV but errors decreasing NPV has well larger effect on NPV that the other ,
Main error decreasing NPV is attribution on ore content to eudialyte the component of ore bearing valuable metal oxide, at 17% in ore , so revenue from extracted metals is multiplied by 0.17!!!
They found 3 B$ NPV but in fact with errors decreasing NPV and correction of errors rising NPV , some fantasy prices of products mainly ZrO2 Y2O3 , Oversight of all costs and recoveries of operations after Greenland export NPV should have been negative .
Correcting the errors NPV is 23.8B$ for 25 years mine life . with Gross revenue 94B$ .