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Ann: Nebo-Babel Scoping Study, page-16

  1. ddzx
    37,911 Posts.
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    13/04/15
    12:25
    Post #: 15076449
    nickel is currently $5.70/lb & copper $2.75/lb yet the study uses $11.90/lb nickel & $3.50/lb copper

    currently the project is uneconomic

    study only has C1 costs which excludes smelter costs

    smelter costs are at least 25% of revenue

    at current commodity prices, this would earn $59M EBIDTA per annum, which bearly covers the CAPEX
    Last edited by ddzx: 13/04/15
    CZI Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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