ARL 5.21% 50.5¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-2472

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    No need complicate the capex figure, you can covert to per mtpa's capex as below

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0 Item CLQ (PFS)Laterite ARL (PFS)Laterite BAR/CNJ (SS)laterite,oxidized AML (SS)Sulphide NZC( Stage 1 DMS)Sulphide
    1 Throughput (Mtpa) 2.5 Mtpa 1Mtpa (&1.5Mt) 1.5Mtpapa 2.5 Mt 1 Mt
    2 CAPEX US$784m US$472m US$156.9m US$484M US$ 53.12m
    3 Per mtpa's Capex ( million US$) 313.60 472.00 104.60 193.60 53.12

    for C1 cost, I think you can refer to Sherritt's actual production stage data, for your reference, Sherritt is famous for lowest C1 cash cost and same as laterite, 2017 avg. C1 Cash Costs US$4.72/lb , ARL maybe do better than that in coming revised to 2.5mtpa.
 
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