The PFS was not done by BHP. It was only to be completed, if the...

The PFS was not done by BHP. It was only to be completed, if the agreement ran the full length.

What Chris inferred was that BHP produced a cashflow of the project over the 20 year mine life and that yearly cashflow would be in the 100’s of millions of dollars, based on the assumptions.

I would love to get a hold of it, as an NPV of the project could be calculated. I’m sure it will be available to prospective purchasers.

It was mentioned at the meeting that the PFS the company did a while back, was done at much lower commodity prices.

I wouldn’t be surprised if a updated NPV would be double the original PFS figure, but it depends entirely on assumptions such as grade, commodity prices, recoveries, capex and mining costs to name a few inputs.

I believe that the updated cashflow, is why the company is fairly confident the project will be sold. This, along with the mining being low cost, as it will be open pit mining initially is another huge plus,

The BHP deposit at Oak Dam, will require a deep and very expensive portal, as the deposit is very deep, albeit that it is large.

DYOR

GLTA