Meantime the sp pushed lower for accumulation at lows prior to PFS release. Can not say I have observed a critical investment by a tier 1 international company in RIO to then see the sp decline - quiet the opposite - no issue the smart money has accumulated quiet a lot since the RIO ann and sp pullback.
Anyone having time look at Kanyika Feasibility Study over GBE - hot copper - click on announcements - scroll to release 19/8/21 for an "indication" only of the capex but in particular the low OPEX which is known throughout African continent.
With SVM looking to develop both premium rutile and premium graphite products - the PFS will be rather exceptional in my view. The final products will be bagged - placed in 20/40ft containers and trucked or railed through the Nacala corridor to Mozambique port for shipping to customers. Similar to what Syrah do with their graphite in Mozambique operation.
Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-60
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