NPV

Great Western Minerals Down 10%, at New Yr Low

Great Western Minerals (GWG.V) is down 2 cents (10%) to a new yr low of 18 cents. The company yesterday reported positive results from a Preliminary Economic Assessment of the company's Steenkampskraal rare earth element project.

Highlights

$555 Million after-tax net present value ( NPV ) applying a 10% discount rate and a 28% South African corporate tax rate

66% after-tax internal rate of return ("IRR")

4.3 year estimated Project payback period, on an after-tax basis, from start of underground mining production.

11 year potential life of mine

More than 1.28 million shares have been traded so far.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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