Hi guys,
Great news today from the DSO study for a cost estimate of less then $7 million VMS will earn $170 Million !!!
This will put this company in an extraordinary position to develop their flagship tin/tungsten project.
Now the mining license and we can open the champagne.
Good luck to all.
jojo
Net revenue (LOM) A$170m
? Capital cost estimate less than A$7m
? NPV10 A$123m
? Average operating cost per tonne (FOB) A$58
? Average operating margin per tonne: A$47
? Multiple off-take MOU’s already signed
? TasRail MOU signed for total ore transport solution (mine gate to ship)
? Production target of 1 million tonnes of DSO per annum commencing early 2013
dso delivers $170 million free cash lom
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