Scoping Study
EBITDA LoM (US$, pre-tax)US$ 234 – 431M
EBITDA per annum (US$, pre-tax)US$ 9.4 – 17M
NPV (US$, pre-tax) US$ 68 – 138M
Internal Rate of Return (pre-tax) 48 - 86%
Payback Period 1.9 – 2.8 years
Life of Mine (Phase 1) 25 years
Pre-production CAPEX (US$)
US$ 18.8 – 20.0M
Average Phase 1 cash operating costs US$11.7 /t processed
Annual Concentrate Production (average)
0.79Mt
“Scoping Study confirms the potential for Phase 1 to be a early,low-cost starter operation generating strong margins of US$17 million per ann with a short payback period of less than 2 years due to the high grade nature of the mineralisation and the low CAPEX requirement of $18 million”
