Their DFS is built on tin price of 21k USD, our PFS is built on 26,500 AUD (18,837 USD)
Their IRR is 23% vs taronga at 48%-77% (pre-ore sorta) noting that their number is already in the red based on their DFS tin price where ours is higher than anticipated.
Opex about the same as T2 but done in USD, so no leverage to AUD currency weakness.
60% concerntrate recovery vs Taronga 70 % (pre ore sorta)
Annual production kasbah 4500 tonnes vs taronga 3600 tonnes.
Kasbah is a dog, and a dog with several masters (i.e lots of major owners all taking their pound of flesh.)
ANW Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
