Baz plan was to dig the oxide up first and leech it because the ore sits above the the sulfides which has a C3 cost of just under $3 before all this inflation.
Now you want to tell me this new plan which still needs to dig up the oxides to get to the sulfides will have the same C3 cost even after all this inflation and also factoring in the the oxide is considered waste in the study?
Over promising, and when the real numbers get crunched there is close to 0% chance the C3 is anywhere near $3 imo.
This $200mil plan will blow out and the C3 will blow out and the IRR will drop significantly.
Ann: Nifty Surface Mine Scoping Study, page-53
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CYM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.3¢ |
Change
0.001(2.38%) |
Mkt cap ! $65.56M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.4¢ | 4.2¢ | $132.1K | 3.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1101911 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 544417 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |