VMM 1.05% 47.0¢ viridis mining and minerals limited

Ann: Globally Significant Maiden MRE for Colossus IAC Project, page-56

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  1. 645 Posts.
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    They may have been correct on the grades but I think they are undershooting the CAPEX. Recent studies in South America by Tier 1 engineering houses for pH 4 AMMSUL processing of ionic clays:

    m US$mtpaCAPEX Intensity US$/mtpa
    1Penco1191.770.0
    2Carina5768.865.5
    3VMM339567.7

    T2CupandHandle is predicting $340m USD initial CAPEX. We will know this soon with the Hatch SS, so I will await my kudos then tongue.png
 
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