Ann: Panton PGM-Ni-Chromite Project Scoping Study, page-2

  1. 7,740 Posts.
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    Base case USD$2,000 gold price for a 4 year payback period.

    Given that this is the scoping study, its the best it's going to get.

    They also just demonstrated that the "upgrade" to the resource to 6.9mill oz's of PGM's is completely redundant given they have only used 1.5mill of the higher grade resource to make this bang average scoping study.

    The more I keep reading their assumptions, the worse it gets.
 
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