Hey Vin,
- 0.36 strip ratio
- grindability indices of BWi 16.7kwh/t and SMC11kwh/t
- No requirement for tailing dam
- Simple open pit shell model most suited to the resource
- All infrastructure with 25kms
- Proximity to low cost hydropower
- In fact PEA's done as recently as 2020 which estimate OPEX of $46.60 per tonne (against potential sale price of $160per tonne).
So, not cheap? These are just a few things off the top of my head that seem to indicate otherwise.
Do the research and get the facts before making anecdotal comparisons.
The success or failure of this project is not going to be determined by anything to do with the operations or the project economics; those are locked down in the bag. This is going to hinge on the MOU and once that's sorted, the only obstacle will be bad luck and freak unforeseen events like major geopolitical or wars or disasters etc. Stuff that no investment can be protected against. As others have said, the pedigree of the people seems to be high quality and backed by their records.
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