CNJ joint venture partner BAR has released a project update indicating that the rise in price of cobalt has increased the Mt Thirsty project NPV from AUD$290 million to AUD$517 million. This revised NPV does NOT include the anticipated increased Co and Ni process recovery rates which will enhance the project NPV further. What it shows is that CNJ and BAR are very, very undervalued by the market at the moment. Hopefully management will assist with addressing this anomaly in 2018. Onwards and upwards.
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CNJ joint venture partner BAR has released a project update...
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