Correction to this bit:
The PFS resulted in a pre-tax Internal Rate of Return (IRR) of 175% ... for context a good result would be about 25%. 175% IRR means that the project is incredibly capital efficient. Total project NPAT over life of mine is AUD $1,389.0 M (100%-basis) and total startup capital of $28M (100%-basis). Breaking that down, every $1 of capital invested to get the project up and running generates $50 of after-tax profit. I expect an uplift in startup capital for the DFS, however I think improvement in cashflow will enable them to maintain or improve on IRR for the DFS. The company may proceed directly to building a process plant on site (current plan in the DFS PFS is to use ore processed through a toll-refinery in Asia to generate the cashflows to self-fund the plant).
Correction to this bit: The PFS resulted in a pre-tax Internal...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $41.96M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $430.8K | 35.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 11887635 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 288690 | 1 |
View Market Depth
| Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
| ADN (ASX) Chart |