I like the inference in this slide that we could see construction of expanded concentrator capacity in FY24 and additional concentrate output from FY25.
Slides say FID is due soon on second mine so fingers crossed it is rubber stamped to progress to fast tracked, cookie cutter DFS following NT Gov final mine approval for BP33 and continued positive drill results.
Funded out of FY23 and FY24 cash flow from Stage 1, with plenty left over for the board to contemplate capital management options like PLS once franking credits from paying federal corporate tax start accruing.
Counting down now to DSO in Q2 2022 and then SC6 people......
Ann: BP33 Drilling Delivers Outstanding Results, page-75
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