Probably closer to AUD$17 million for an NPV of the project at current metal price. I am happy to do a spreadsheet, just need the assumptions:
- Metal recovery percentage
- AISC
- Life of project based on established resources
The resource is still open to further expansion to the north, south and at depth. On-balance looks to be a profitable project with resource expansion upside.
Ann: Interim Mineral Resource Estimate, page-16
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