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Ann: AGM Investor Update, page-5

  1. 3,215 Posts.
    lightbulb Created with Sketch. 951
    Thanks for updating.

    So if they are looking to self fund the processing plant from earnings from the DSO... that means that a $14.5M capital investment will result in a fully functioning mine? That's pleasant.

    And the DSO is 20% of the current reserve, but there's plenty of manganese in the tenements outside of the current reserve, which can then be added in for DFS economics should they wish to?

    Is there something, somewhere which speaks to the DFS cost for a full plant? I've assumed approx $150M..So I've assumed an approx 5 year period, if self funding the plant, which seems to fit in with their timeframes?
 
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