Member Info for tomcat-14

ob... the total npv8 definitely does include capex... table 22.1.2 year -1, -2... (398.7m)... add the row up yourself... if you take the stage 1 capex out npv8 goes up to $1,654.3bn... you should also take the (20.9) and (2.3) off too to remove the full $420m stage 1 capex... stage 2 capex is in there to years 3 to 5...

which gets me back to $60m... ;)

using the total npv $1.255bn... which includes all the capex costs for both the stage 1 & 2 plants... means that we have already contributed 3.59% x $800m towards the stage 1 & 2 plants... $28.72m... which imo is over the top anyway considering we only need to process our portion using one plant not both... so we should get half that refunded...

it’s included already ob... in the $45m for sure...

these are today’s values... npv8... everything included... the only way to get to $30m... is to apply a discount...

#4 npv8 = $45m... based on overall value x overall % attributable to kdnc... #7 npv8 = $53m... based on the actual mining schedule / cashflow attributable to kdnc...

npv8 fact #7... the npv8 value of the lce produced from the jv1 areas... attributable to kdnc:- yr 9 : $0.12m... yr 10 : $0.73m... yr 11 : $10.24m... yr 12 : $13.20m... yr 13 : $9.38m... yr 14 : $7.36m... yr 15 : $3.96m... yr 16 : $2.26m... yr 17 : $2.40m... yr 18 : $1.97m... yr 19 : $1.79m... total $53m...

npv8 fact #6... at $11,000/t lce... the npv0 value of the lce produced from the jv1 areas... attributable to kdnc:- yr 9 : $0.24m... yr 10 : $1.54m... yr 11 : $23.58m... yr 12 : $33.03m... yr 13 : $25.50m... yr 14 : $21.77m... yr 15 : $12.73m... yr 16 : $7.91m... yr 17 : $9.11m... yr 18 : $8.15m... yr 19 : $8.01m... total $152m...

npv8 fact #5... the fs mining and production schedule extracts the following tonnage... attributable to kdnc... lce from the jv1 areas:- yr 9 : 34.33t lce... yr 10 : 218.9t lce... yr 11 : 3,348t lce... yr 12 : 4,689t lce... yr 13 : 3,620t lce... yr 14 : 3,090t lce... yr 15 : 1,808t lce... yr 16 : 1,122t lce... yr 17 : 1,293t lce... yr 18 : 1,157t lce... yr 19 : 1,137t lce... total 21,517t lce... ignoring the poultry 11t in year 3...

npv8 fact #4... kdnc has a 3.59% overall interest in the sonora fs for the lce extracted years 9 to 19... 3.59% x $1.255bn = $45m npv8...

table 22.1.2 of the fs... the year 6-19 figure 142... cashflow $251.9m/year... i’m getting $1,430m using your 0.92^x ob... starting at 0.6951... or $1,414m using my excel npv...

npv8 fact #3... the sonora fs has an npv8 value of $1.255bn... this is based on a 100% equity funded project... which means it’s a stand-alone value... everything is including in the $1.255bn... capex opex etc is all included in the npv8 valuation... and fully discounted to today’s value using an 8% annual compounded discount (7.38% discount year1)...

minecraft...

blockchain... each tonne unique referenced in the mine blocks... and traceable from pit to ... cell...

with a 5 day production process... you don’t really need to store it as processed lico or lohm... as long as there’s production capacity you can store it as clay... or just dig it to order... mine it wednesday... bagged up for delivery to ‘a’ gigafactory e-route monday... just in time...

your year 3 is the same as mine £793.8... but i’m counting 2018 as year 1 lol... so my year 3 is 2020... i’ll push mine on a year so i’m in sync... (have to pop out now but i ain’t finished with this npv lark)...

you’re 0.92^x is different to what microsoft use in their npv formula...

@npv8 i get $7,794 : $4,935... 63%... @npv11.6112 i get $5,506 : $2,753... 50%... using $1,000 not £1...

the good news is... 5p off a pint of beer... now 40p a pint... :-)

yes... you’re right ob... but year 1 is generic and can be any year from the base date you are taking it from... year 1 has a 7.38% discount applied in the fs... which means year1 is just about npv year2... year19 is npv year20... selling for the equivalent $2,360/t lce... it does screw up my number though so i’ll need to re-run them... /:|