"Completed Pre-Feasibility Study ("PFS") on the Ewoyaa Lithium Project ("Ewoyaa"), demonstrating the significant profitability potential of this stand-out project: LOM revenues exceeding US$4.84bn, Post-tax NPV of US$1.33bn, IRR of 224% over 12.5 years.

Source: https://seekingalpha.com/article/4590545-lithium-junior-miners-news-for-the-month-of-march-2023?source=feed_all_articles

If we were to use today’s gold price of circa $2000, it pushes our NPV from US$145M to US$189M, and our IRR from 101% to 123%.

Source: https://www.cbj.ca/gold-bulls-sandman-project-pea-phase-2/

In any sense, if OSUR does in fact generate the earnings growth outlined above, the NPV of its future market value is higher than it is currently, presuming the 12% discount rate.

Source: https://seekingalpha.com/article/4605333-orasure-valuation-upside-16x-forward-pe?source=feed_all_articles

Now the good question -- but one thing to remember also on projects with this type of CapEx and scale, this isn't something where you put in a small amount of money that you can lose, which is where IRRs and NPV calculations probably become relevant.

Source: https://seekingalpha.com/article/4589977-nova-royalty-corp-novrf-q4-2022-earnings-call-transcript?source=feed_all_articles

The value of SAFE rests in the NPV of the ground leases.

Source: https://seekingalpha.com/article/4625497-the-safehold-equity-raise-will-be-accretive?source=feed_all_articles

This increased production would be expected to increase cashflows and the NPV of the Moa JV.

Source: https://investingnews.com/sherritt-s-updated-reserve-estimate-and-life-of-mine-plan-at-the-moa-jv-more-than-doubles-reserves-and-extends-life-of-mine-to-26-years/