re: Ann: Pilbara Cu-Zn Project DFS Delivers P... couple of observations
- CAPEX at $279m is obviously spooking a few being +20% over original guidance of ~$230m. However, includes a lead circuit to be introduced in year 6. Whats that worth ~$20m? Also, no mention of potential sharing arrangements with Atlas for airstrip and camp which was previously mooted. So i see this as a fully blown standalone number with room for improvement.
- Capital intensity at $10,500t is globally competitive.
- mining reserve has increased from ~7mt to 8.37mt and mine life now 8.5years on base case. Still other resources and reserves to be bolted on. Big positive.
- OPEX is higher @$1.57, but globally very competitive.
- they haven't quoted an NPV, but analysts will disc EBITDA and reveal their estimates in due course.
Overall, i think this is a pretty neat little project with plenty of upside as it goes along. Analysts will be crunching their numbers and i think we will get a re rate as it starts to sink in. Obviously, with the feasibility out now it makes a corporate action a lot easier as all the hard work is done. My guess is we are already on a few radars as the next Cu/Zn mine and watch this space..
- Forums
- ASX - By Stock
- DVP
- Ann: Pilbara Cu-Zn Project DFS Delivers Positive
DVP
develop global limited
Add to My Watchlist
2.86%
!
$4.42

Ann: Pilbara Cu-Zn Project DFS Delivers Positive , page-5
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$4.42 |
Change
-0.130(2.86%) |
Mkt cap ! $1.451B |
Open | High | Low | Value | Volume |
$4.54 | $4.62 | $4.38 | $4.454M | 994.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1997 | $4.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.48 | 144 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1997 | 4.420 |
1 | 3000 | 4.400 |
1 | 5000 | 4.380 |
1 | 1129 | 4.360 |
2 | 10500 | 4.350 |
Price($) | Vol. | No. |
---|---|---|
4.500 | 5000 | 1 |
4.510 | 4500 | 1 |
4.530 | 14400 | 3 |
4.610 | 2000 | 1 |
4.620 | 1618 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
Featured News
DVP (ASX) Chart |