We are validating the phase 1 production, first 5 years scheduled development using Measured and Indicated. 11.7mltn that's more than 5 years
CAPEX is phased approached hence the 3 year payback, 1mt increasing to 2.2mtpa now down to $18ml.
OPEX from $15/tn down to $11.5/tn
Very conservative in scope and objectives
You mentioned "Stress test";
*1.6% Ni Blended up from 1.5% Ni
*$6.5ml allocated for Sediment Dams/Decantering....interesting!!
*SJ studies taken on archival data. Expecting similar grades and higher tonages to Kolosori and Havihua.
*Solid support for Nickel ATM
What is that telling us !!!!!
AVQ Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held