E25 2.13% 24.0¢ element 25 limited

Ann: PFS Highlights Robust, Short Lead Time Start-up Opportunity, page-189

  1. 307 Posts.
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    Actually that's wrong; E25 have to mine 5x more ore to get the same product (contained DMTU) but given strip ratio of 0.3 E25 would have to move less total (ore + waste) for the same DMTU compared to Consmin.

    E25 processing cost would be higher given the low grade, but also don't need to worry about D&B, Dewatering (which is significant for Consmin) as well as the geography of Woodie Woodie (camp, airstrip, freight etc.). Consmin also pay a royalty to Gina, I don't think E25 will need to worry about a private royalty agreement (?).

    Economics / build up of cost is completely different but both land at around $3/dmtu - not enough for the hard times (c.2015) but otherwise would've been profitable through recent history.
 
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