RE: EU impact assessment showing the price of cinovec lithium20 Apr 2026 13:59
Why 10% and not 3% or 17%?
10% is just an arbitrary number. Even the DFS numbers themselves are not final, and actual profitability could end up being higher or lower based on subsequent developments. I expect there will eventually be updates to the DFS.
Also the reason for discounts are not soley due to project and financing stage. There are other reasons discounts (or in some cases premiums) exist. And milestones do not always lead to a discount reduction, hence "sell the news" - I've been in many stocks where the share price went down on good news and milestones being reached.