Independent Scoping Study indicates Triton’s Nicanda Hill resource, is a low technical risk, economically robust and commercially viable graphite project.
NPV10% of US$1,230 million (pre-tax).
IRR of 137% (pre-tax).
Scoping Study based 100% on Indicated Resource Classification utilizing a base-case mining inventory of 51Mt grading 12.4%TGC for a contained 6.3Mt graphite.
1.8Mtpa throughput plant resulting in average annual production of 210,000t graphite concentrate.
Production of premium quality flake graphite concentrates planned to commence in 2017 with an initial life of mine of 30 years, including 1 year construction period.
Free on Board cost Port of Pemba estimated at an average of US$315 per tonne. Vanadium credits currently not included in Scoping Study.
Estimated capital cost of US$110 million including US$10 million of contingency.
Payback period within less than 12 months of commission.
Pre-Feasibility Study scheduled to commence as a result of the positive Scoping Study results.
TON Price at posting:
28.5¢ Sentiment: Buy Disclosure: Not Held
