I really dont see the 5% being an issue. They could look at dropping the crusher product size to 5mm or using a HPGR which gets better intra-particle breakage and can increase the grade, or treat the tailings at some point with flotation and ship that at 6% or better. This is just a PFS, shows feasibility, shows damn good return. Lets get on with increasing the resource which will give a half billion dollar NPV on enough ore for ten years and then float the tails for another few years and you're punching a $600M NPV off $50M CapEx up front.
The numbers are sensational, and preliminary.
Ann: Positive Pre-Feasibility Study, page-32
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $782.3K | 7.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 114 | 8961767 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2163649 | 54 |
View Market Depth
| Last trade - 15.58pm 07/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |