Going to be a very, very robust project. Below, feeding 1.61% from high grade starter pits and assumes 3:1 strip. EBITDA over US$240M and FCF around US$200M per year @ US$18,000/t Ni. Payback in under 2 years assuming CapEx US$250-$300M (less contingencies).
Ann: Jaguar Project JORC Mineral Resource Increases to 58.6Mt, page-25
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