LOL, just read the first sentence, already resolved. Can build the 12k plant from profits $$$$$$$$$
THE DEFINITIVE FEASIBILITY STUDY (DFS)The question ‘To mine or not to mine?’ is resolved at this stage.
By now all processing parameters have been through detailed and accurate metallurgical test-work has occurred.
While inevitably some will be assumed, these are usually realistic because they are dependant on all mining, processing and other considerations taken at and before this point.
As an example, xxx.asx released for its xxx project in the Northern Territory forecast average annual production figures of 4,356 tonnes of Neodymium-Praseodymium oxide and and 135,808 tonnes of merchant grade phosphoric acid.
The mine’s life will be 23 years and average annual pre-tax earnings at A$377 million EBITDA, although the project would require just over $1 billion in capital and up to 650 employees at the peak construction phase.
The company used the study’s release to proclaim to investors, “the Project is financially and technically robust to support a long life operation”.
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