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Reservoir reveals $1bn Upper Zone value

PEA estimates IRR of 84% on US$213m up-front spend at Timok

Gareth Tredway
Drilling at the Timok JV in Serbia

Drilling at the Timok JV in Serbia

But with an after-tax NPV of almost US$1 billion and an IRR of 84% using today's prices, the preliminary economic assessment estimates have surely surpassed most expectations. Importantly, this study...

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