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Ann: Ancuabe Project Strategic Review & Desktop Study Completed, page-41

  1. 152 Posts.
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    Not a lot unfortunately A 5,000 - 8,000 pilot plant at $1435 per tonne (being generous using DFS number) less costs probably of $800 per tonne less royalty less logistics, less Mozambique on ground costs less Australian salary and admin costs = doesn't generate a lot of profit or spare cash. Also, factor in interest payments if they raise debt, dilution from any equity raise. BUT share prices obviously don't often reflect value, so we can always cross our fingers.
 
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