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3.77% 5.1¢ black rock mining limited

Hi @ddzxIt wasn't clear to me from the recent eDFS, but from the...

  1. blakesley
    375 Posts.
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    29/12/22
    11:45
    Post #: 65468649
    Hi @ddzx

    It wasn't clear to me from the recent eDFS, but from the original DFS in 2019 the capex from subsequent modules is being funded from cashflow.

    I assume nothing has changed between then and now apart from potentially bringing forward Stage 2 with a substantial pre-payment from Urbix.

    On that basis, I'm assuming if we raise the $182 USM CAPEX for stage 1 we can get the full project NPV?

    have I missed something?

    Cheers

    https://hotcopper.com.au/data/attachments/4935/4935188-1d090b00ffc8012b68a8c097378db235.jpg

    BKT Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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