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Ann: Mount Peake Project FEED Completion Update, page-11

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LM77

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09/04/21

10:54

Post #: 52353304
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Originally posted by nlred: ↑

So it’s an additional $146m in capex, which in simple terms (in my view) means $146m for the SMS guarantees on the beneficiation plant.

I would assume the capex increase would be more on the DPF, given inherent complexity. Maybe double that of the BP? So $300m plus the $146, somewhere in the order of $450m on top of the original? Which was what? ($850mm?) - $1.3b.

1.3m capex
30% equity = ~$400m

Expand

This is not an additional $146 million. The beneficiation plant was always part of the total capex, we now know that this important part of the whole package will cost in the range of $132-160 million.

TNG Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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