NPV at 12.5% discount rate* US$4.3B IRR* 27.4% Capital payback period 3 years Project life 25 years Production rate 35 Mdtpa Total revenue generated (nominal) US$99B Long term Fe price (real, applied 2020 and beyond) US105c/dmtu *Nominal, post tax, ungeared
Further work will now be undertaken in a value engineering stage which Sundance expects will identify opportunities to reduce the estimated capital cost, increase reserves and optimise the schedule.
SDL Price at posting:
48.5¢ Sentiment: LT Buy Disclosure: Held