Just plugged the current Cu price of 4.60 USD/lb (10143 USD/t) into the sensitivity parameters the company used in the original restart study
NPV 508m AUD
IRR 65%
Keeping in mind the original plan (apparently) did not get up because of short mine life being only 6.3 years, financiers apparently didn't factor in that this phase 1 only used 10% of the resource.
Let's get that SX-EW up and going ASAP
Ann: Updated Nifty MRE Reaches 1M Tonnes Contained Copper, page-172
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