BP Stage 1 PPF est. is for the original 200t output. Reminder we have increased this by 75% to 350t. whilst the number is moderate in the scheme of things, its free cash flow and the new adjusted number for the 75% increase should get peoples attention more so. Am interested to see what the new calculated number could be! As i said before Sept commissioning is on track....
The PPF has an estimated capital cost of $28m and A4N expect it to generate annual revenues of $10-15m and free cash flow of $8-11m from late 2022. Orica Ltd (ASX:ORI, not rated) will supply key chemical reagents and offtake process by-products as contemplated under the full scale HPA First Project development.
https://alphahpa.com.au/wp-content/uploads/Bell-Potter-29062021.pdf
A4N Construction Progress, page-26
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