Ann: FYI Resources to Develop HPA Pilot Plant, page-64

Pre-feasibility study says more than 1000 words!

MINE-LIFE has been raised to 52 years!


Particularly important are the low operating costs. Per tonne of HPA produced (99.99 percent), costs (accurate cash cost) of $ 6,467 per tonne are assumed. This is offset by an assumed retail price of $ 24,000 per ton of HPA. By comparison, in conventional aluminum metal production, per ton of HPA costs between $ 15,000 and $ 18,000 per tonne. This represents a huge competitive advantage for FYI, with the numbers also well below the cost of the direct competitor Altech Chemicals (ASX: ATC).

Per year, FYI's project would divert more than $ 90 million in free cash flow each year, according to the study. EBITDA is $ 128 million a year. The mining project on the Cadoux Kaolin project is for a total investment of only about $ 15 million, while the Perth refinery in Kwinana is earmarked for $ 163 million. This comparison shows definitively that FYI is not a typical mining project, but (like its competitor Altech Chemicals) should be considered more to the chemical industry. If you want, you can do the detailed study yourself:

http://www.fyiresources.com.au/media/files/20180925-FYI-PFS-announcement-small.pdf

Feedback geben

Verlauf

Gespeichert