Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-81

  1. 698 Posts.
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    Accumulation at 0.007c. Very bullish sign.

    How about we entertain the hypothesis that they actually start mining and use the Bing Bong port.

    The Darwin port option involves road transport to Tennant Creek, offloading at railhead, loading into containers and then onto rolling stock and transported to port, unloading at port then bulk-loaded into a vessel. Road transport to Tennant Creek will be approx 3.5hrs labour hrs (driving) one way, and Bing Bong option will be about 6.0hrs one way. Costs include road/rail transport, handling at railhead, stevedoring st port, container hire charges, etc.

    The Bing Bong option involves road transport from mine site to port, offloading at port for bulk loading onto vessel. Costs include road transport, stevedoring at port.

    Lets assume they find savings of $10 per tonne. That's another $13m free cash flow per annum.


    Last edited by number3: 04/06/25
 
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