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7.3¢ arcadia minerals limited

The original DFS was for a gravity fed process plant that...

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sydneysider

4,747 Posts.

1005

18/01/23

22:41

Post #: 65762250
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Originally posted by MichaelSA: ↑

We really need the DFS for Swanson out so we can get an idea of NPV (Net Present Value). The DFS was first due September, then October and we are still waiting. I know the company have given an explanation as to why the delay but seriously, we are talking months of delays now - should it really be taking this long?

I find it unusual that there would be advanced j/v discussions before the DFS is even made public. NPV for Swanson could possibly be $50 or $100 million - we dont want to see it stolen from us.

I also wish Good luck to the longs.

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The original DFS was for a gravity fed process plant that produced a tantalum concentrate. The updated DFS adds a floatation circuit that extracts spodumene from the tailings produced by the gravity circuit. The funding and size of the two process circuits should be sized much larger than the abutting gravity plant. Am guesstimating A$30 to $50M required to proceed.

AM7 Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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