Minor correction. The DFS estimates P2 is $16,900 /t. But that is a plant that is nameplate 20ktpa, but producing 17.6ktpa. If you work the numbers out from the same DFS for P1, they have referred the CAPEX on production, not nameplate.
That makes P2 cheaper. So it is US$297M. Split 30/70 concentrator/plant = $90M/$207M. Assuming 30% for LOH-Max on the plant = USD$62M.....Even more compelling IMO
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