| Report after-tax NPV(8%) | US$4,691M |
| Independently rebuilt after-tax NPV(8%) | US$4,723M |
| Variance vs report | +0.7% |
What the rebuild surfaced. A full concentrate-economics build (payability, treatment and refining charges, molybdenum by-product) inside a major's portfolio. The model exposes a ~US$156M gap between published equipment provisions and the cash-flow's sustaining capital, built as a selectable dual-method line.
This is a complete, unabridged publication, offered free so you can judge the product before subscribing. Every input in the model is footnoted to its source in the technical report.
Licensed for your own use; please don't redistribute — send colleagues here instead.
Join the list and you will receive the first full publication — the rebuilt Excel model and the ten-page investor memo — by email, free, when it releases. Founding subscriptions open afterwards for continued access to new analyses and the library. Founding subscriptions from US$99/month (launch pricing to be confirmed).