I went back to the 2013 PFS for Buena Vista and Nevada Iron's October 2013 estimate of the free cash flow generated by Buena Vista was US$565 million, with an NPV at a discount rate of 7.5% of then US$236 million. This is for a 67.5% concentrate.
http://www.nv-iron.com/projects/buena-vista/ni-43101-technical-report
The economic assessment assumed a 67.5% concentrate price of US$104.29/DMT FOB West Sacramento.
Cost breakdown for the 67.5% concentrate is as per below:Mining - $17.20Processing - $17.55General and administration - $2.19Offsite freight to port and loading -$26.81Total FOB - $63.75
The 62% DSO product shouldn't require the processing, so FOB cost will be around $43 in 2013 dollars. 8 years on, costs would have gone up. Assuming 4% escalation per annum in these costs, the 2021 cost would be around $63 for the 62% DSO product and $87 for the 68% concentrate product.
I might have a crack at running the NPV numbers that Rodney worked on with the revised costs.
Hopefully prices stay low on Monday, so that I can top up further.
- Forums
- ASX - By Stock
- Ann: Anglo American Agreement
I went back to the 2013 PFS for Buena Vista and Nevada Iron's...
-
-
- There are more pages in this discussion • 126 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGU (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.003(23.1%) |
Mkt cap ! $12.94M |
Open | High | Low | Value | Volume |
1.3¢ | 1.6¢ | 1.3¢ | $30.06K | 1.997M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 2089565 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.014 |
8 | 1672886 | 0.013 |
16 | 2778748 | 0.012 |
8 | 4469061 | 0.011 |
3 | 401000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 2089565 | 6 |
0.017 | 209745 | 3 |
0.019 | 6668 | 1 |
0.020 | 550000 | 2 |
0.022 | 125150 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
MGU (ASX) Chart |