axiom launch pad, page-9

Crikey's....... I was having the same conversation with another sher last night and threw around the same figures. TU from me. Bear in mine the CAPEX will be "phased approached" @ 1mtpa at first then to 2mt and 4mt and so on.
Final JORC should see around 18mt for 10% exploration potential. That's 5% of the Isabel Project for 40% (medium to prime) DSO @ $55$tn........approx $10bl.....and 40% is conservative, the rate could be conservative as well in a couple of months.
Last weeks rates;
1.5% $50-55/tn
1.7% $65-70/tn
1.8% $75-80/tn
Then we still have the (low to med) DSO for 60% @ $30-40/tn and/or refine.
With a potential to return annual revenue of over $100MTPA and OPEX of arounf $50-55ml Axiom will be easily Cash Flow Positive after 12 months production.......
and what's our MC........Exiting times ahead
cheers