I have been wondering about the power supply and what gains there might be to make there. The original plan was for a BOOT contract for 6 1250kW diesel generators, 4 of which would operate continuously.
But the DFS did not say how much of the processing cost was attributed to power generation. Someone can jump in here if I have got this wrong, but according to back of my envelope diesel generation costs more than .30 per kWh. Kin's continuous use was to be 5 MW, which makes diesel generation the main component of the LOM processing costs - more than $100 million I think, assuming the price of diesel doesn't go through the roof. Say $13 million a year.
As I understand it miners are moving away from diesel to hybrid systems which can reduce costs considerably. For example, Resolute recently claimed they can reduce power costs by 40% by going to a hybrid system (
https://www.rml.com.au/uploads/7/2/0/8/72081691/1817105.pdf )
If the expanded reserve / mining plan extends the LOM then presumably the risk associated with diesel (price rises) increases and the benefits of hybrid systems are even greater.
Conclusion - revisiting the power supply has the potential to substantially improve the project economics and reduce risk, if I have got this right - there is a potential saving of more than the current MC.
(Definitely DYOR on this - my figure might be way off.)
- Forums
- ASX - By Stock
- PTN
- Ann: Presentation to General Meeting
PTN
patronus resources limited
Add to My Watchlist
0.00%
!
6.7¢

Ann: Presentation to General Meeting, page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.7M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.6¢ | $28.38K | 426.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 654765 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 107000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 654765 | 0.066 |
3 | 19384 | 0.065 |
2 | 170000 | 0.064 |
2 | 23000 | 0.063 |
4 | 305574 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 107000 | 2 |
0.068 | 194115 | 2 |
0.069 | 825826 | 11 |
0.070 | 441347 | 9 |
0.071 | 60000 | 1 |
Last trade - 14.49pm 02/07/2025 (20 minute delay) ? |
Featured News
PTN (ASX) Chart |
The Watchlist
RAC
RACE ONCOLOGY LTD
Dr Pete Smith, Executive Chairman
Dr Pete Smith
Executive Chairman
SPONSORED BY The Market Online