Annual trade of nop is 1.4 mtpa and sop 6mtpa.
Those figures are highlighted in a diagram in the most recent reward (Rwd) broker presentation.
If cxm can supply 500ktpa of nop at $1,100 p tonne, that is $55o million revenue for 30 years plus.
Not bad.
How much is the capex? Will it be higher than $500 million.?Can cxm also get market share in a niche nop market at those $1100 US/tonne prices?
The almost completed scoping study will reveal these numbers. I expect the npv to be rather large as there is a 155mt deposit close to surface and ports.
Annual trade of nop is 1.4 mtpa and sop 6mtpa. Those figures are...
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Mkt cap ! $14.74M | |||
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