Compared to the scoping study, looks like...... but then the silver and gold price assumptions increased so IRR is about the same!
- Tonnage down from 11.9Mt to 11.1Mt
- Capex about the same (they did lower the contingency)
- Opex up from $91.9/t to $120/t
So I would say overall a step back from the Scoping Study, but still quality.
Ann: Adriatic Metals Exceptional Pre Feasibility Study Vares, page-20
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