What have I missed in this PFS?
It really incredibly well.
All In Sustaining Cost (AISC) averages A$354/tonne of refined premium halloysite-kaolin product with an anticipated selling price of A$700/tonne;
Project cashflow of A$1.97B pre-tax and A$1.39B after-tax;
A 35% increase from the previous Scoping Study in pre-tax NPV8% to A$736M and unchanged IRR of 175%;Pre-production capital estimated at A$13M with a maximum cash requirement of A$28M prior to initial revenues being received;
Payback period of 15 months from commencement of mining, through Direct Shipping Ore (DSO) mining, shipping and tollrefining activities;
One of the nicest reading PFS in a while. Low capex with long mine life and the NPV compared to the current market cap leaves plenty of room for movement. I haven't bought as I've only just come across this but very keen.
Ann: Pre-Feasibility Study Further Improves Poochera Economics, page-296
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Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $51.60K | 3.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2784466 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2392758 | 8 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |