be very suprised if you dont agree with my reasoning as to why i see COB as being a low cost producer @niclou
combination of several process options: Start-up 1.5Mtpa of 35% hg pyrite ore CAPEX A$6.5m OPEX A$14.3mpa Benefits; low capital investment, low water use, low power, early cash flow Flotation of 1.5Mtpa of pyrite for 300,000tpa 85-90% pyrite con. CAPEX A$74m OPEX A$17.8mpa Flotation of 7.5Mtpa of pyrite for 1.5mtpa 85-90% pyrite con. CAPEX A$190m OPEX A$50.9mpa Estimated return for concentrate processing with an established sulphide roast facility is $44/t ore feed and a 1.6 year pay-back Pyrite to produce sulphuric acid – Key Points
Accumulated decent parcels this week and consider this a steal under 20c ;-)
