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re: Ann: Three Deposits in One - Investor Pre... Nice stats from...

  1. sle
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    re: Ann: Three Deposits in One - Investor Pre... Nice stats from the presentation:

    Venture Minerals
    Scoping Study Highlights (A$) (Refer ASX Announcement 14 May 2010)
    Operating Revenue per annum $127 million
    Operating Cost per annum $47 million
    Net cash per annum at full production - $80 million
    Net Cash LOM - $531 million
    Greater than 7 years mine life
    Capital Cost - $130 million
    Internal Rate of Return 55% (Assuming 50% debt/50% equity)
    Tin production expected to be within the lowest cost quartile of the tin industry.

    Indicative Schedule
    Commenced Pre-Feasibility
    On going exploration drilling
    Resource Upgrade - 3rd Quarter 2010
    Completion of Pre Feasibility - 4th Quarter 2010
    Commencement of Bankable Feasibility Study - 4th Quarter 2010
    Completion of Bankable Feasibility Study - 4th Quarter 2011
    Financing & Construction - 2012
    Production 2013
 
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