I was interested to see in one of ZYL's past fact sheets, that capex would be <$100m to develop a mine at Mbila. That seems "cheap?" I've been looking at CLR: it has capex requirements of about $800m for an underground mine or $1m for an open pit. So, I've been trying to maybe just put a benchmark on these things. Obviously, some are bigger mines. :) However, ZYL's plans, with off-take partners showing interest, and still about $25m in the banks- well, it's not a bad story.
I can't find when the Mbila BFS is coming out- anyone know? Only then it can get financing, it says.
investor factsheet july 2012, page-16
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