NVA 0.00% 14.5¢ nova minerals limited

General Chat, page-7923

  1. 6,151 Posts.
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    • 2 management teams competing for the glory, wanting to develop 'their' project.
    • Korbel and USGO's resources are fairly close together. Korbel to RPM is 40km. Korbel to USGO's Whistler is 18km.
    • I imagine it would not make sense to truck low grade ore 18km. So, does it make sense to truck the other way USGO to Korbel, or to build a concentrator (ore sorter) then truck that concentrate? Assuming the types of ore match the plant design.
    • I imagine the cost efficiency would be somewhat small, but adding quite a lot of complication eg. having to re-do PFS for starters.
    • Maybe 5-10% lower OPEX, but 10-20% lower CAPEX intensity? (Building a larger shared plant)

    I guess it's fairly unlikely to happen.

    I guess something like this is more likely:

    • Whichever company reaches production first offers a tolling agreement to the other.
    • Partnerships at that stage, eg. partnership to scale up the ore sorters and introduce concentrate from additional ore sources.
    • Further shared resources like the airstrip.
    • Or the one who reaches profit first buys out the other.
    Last edited by danbradster: 27/08/24
 
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