Looks like these are the figures that they were not allowed to release. Few months ago.
This has been superseded by subsequent announcements so we still await the updated scoping/feasibility report which includes the increased resource, the vanadium processing and results of the various consultant studies.
Having said that it is very nice to see:
- costs at sub $200
- revenue at $1500
- peak project capex at $69m with 6 month payback
AND, all of the above figures likely to prove to be very conservative.
All looks good from here. Bring on the feasibility study.
balama update
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