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Mkango Announces Results of Definitive Feasibility Study for the Songwe Hill Rare Earths Project in Malawi - NPV of US$559.0 Million and IRR of 31.5% [Financial Post (Toronto, Ontario, Can...

Continental Resources, Inc. (CLR) 
Last continental resources, inc. earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: clr.com/investors
Company Research Source: Financial Post
pleased to announce the results of the definitive feasibility study (“ DFS ”) for the Songwe Hill Rare Earths Project (“Songwe” or the “Project”) in Malawi. Highlights The Company will host an investor conference call at 3pm UK time / 10am Eastern Time on Friday 8th July 2022. Please join the call at least 5 minutes before the booked start time to allow the operator to transfer you into the call by the scheduled start time: Canada toll free: 1 866 378 3566; UK toll free: 0808 109 0700; USA toll free: 1 866 966 5335; Password: Mkango DFS Results. The DFS indicates a US$559.0 million post-tax NPV, using a 10% nominal discount rate, and 31.5% post-tax IRR for 100% of Songwe. The DFS is based on Songwe as a stand-alone project selling MREC as opposed to separated rare earth oxides and excludes Pulawy, which has potential to add significant downstream value. The financial analysis doesn’t reflect any changes to the fiscal regime that may be contained in the MDA that is currently being n Show less Read more
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