Ann: Investor Presentation - TZMI Virtual Congress, page-14

Hi Autosime,

Thanks for the reply. I was expecting a much higher capex based on my recollections of Mineral Deposits Grande Côte project. I just checked the BFS from that project back in 2010 and the dredge + floating WCP cost then US$120m. A much larger plant no doubt as the grade on Grande Côte was relately low. But as you say, it may make sense to keep the Boonanaring WCP free for another project and move the dredge onto Biddimina when Atlas is finished.
In any case, Image knows what they are doing and will work out the best path forwards.