Australia's largest stock trading and investment forum Australia's #1 stock forum

Day Trading 30 Aug Pre Market, page-26

First 26 Last

Share
Profile

Follow
CB3

921 Posts.

30/08/16

09:04

Post #: 18780921
Share

Originally posted by Ben2010 ↑

CLQ

Completion of Syerston Scandium Project Feasibility Study
Clean TeQ Holdings Limited (ASX: CLQ) announces the results of the Syerston Scandium Project (Project) Feasibility Study (Study). All figures are quoted exclusive of GST.
Highlights:
 Based on a long term scandium oxide (99.9% purity) price of US$1,500/kg (A$2,000/kg), the Project delivers a Post-tax NPV of A$273M and 33% post-tax IRR
 Average production of 49.2 tonnes per annum scandium oxide (Sc2O3) after 18-month ramp-up
 Initial 20-year mine life, with additional resources available for decades of additional production
 Capital cost of A$100 million (US$75 million1) including $4.5M (4.7%) contingency
 Average 2-20y cash operating cost (C1) of A$593/kg Sc2O3 (US$444/kg Sc2O31)
 Scandium oxide offtake discussions ongoing with the global transport and energy sectors
 Pre-Feasibility Study underway to assess potential for a large scale development at Syerston to produce nickel and cobalt sulphate products with scandium oxide by-product

Expand

CLQ - great stock, still in. What is your target?
Upvote

Reply

Top Stories

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

GMD

Genesis set for higher gold production in FY25 and earlier mill start

TAT

Tartana Minerals firms up producer status with recent 150tn shipment of copper sulphate to the NT

RDN

Raiden Resources jumps 11% as Andover South drilling to kick off with PoW on Minister's desk

ASX

ASX explains: How 'futures' are predicted

There are more pages in this discussion • 26 more messages in this thread...

First 26 Last