We probably didn't make $1 NPV at 12%

Guys you're really making me confused here...
I'm recommending posts left and right atm. Some positive - some negative...
All the theories being highlighted could be right - or wrong - depending how you look at things...

In regards to the 12% I thought this was cleared in a pevious post which I of course cannot find now.

Elmer said this in the BFS NR: At an 8% discount rate as required in the Teck Option Agreement, the Feasibility Study confirms the technical and financial viability of a nominal 130,000 tonne-per-day ('tpd') copper mining and processing operation at Schaft Creek.

In this privious post the 8% and 12% terms (in the agrement) were explain and stated that the use of 12% would ONLY apply if we had a (or below) 50,000 tonnes-per-day (think it was this number) project.

As we are a 130,000 tonnes-per-day project we will apply to the use of 8%...

Am I completely wrong here???