TMT 0.00% 26.0¢ technology metals australia limited

I mean, sure, OK, apparently I'm the only one who can run Snip &...

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    I mean, sure, OK, apparently I'm the only one who can run Snip & Sketch, so here's the Mt Peake vs Yarrabubba resources side by side;

    Bubba
    https://hotcopper.com.au/data/attachments/2722/2722309-287f4ef2cf0d5f939818f669c0c0a756.jpg

    Mt Peake
    https://hotcopper.com.au/data/attachments/2722/2722310-46e50bc47ffd30af8a29e2d98b1f8470.jpg

    In terms of products;
    Bubba
    Nominal 3Mtpa mill (using the proposed front-end of the GVP kiln setup);
    https://hotcopper.com.au/data/attachments/2722/2722427-6c435a252c3770edceda5b5774306f87.jpg

    Key Beer Coaster Assumptions:
    • I've assessed Opex at USD$85/t on both Fe and Ilmenite products.
    • Recoveries are calculated on metal basis uncorrected for metal-in-mineral balancing; probably a wild approximation
    • Ilmenite assumed 48% TiO2; below 43% it's unsaleable
    • The vanadium is a 15% contained metal as a credit.
    • No costs assessed on the vanadium.
    • 5% Royalty included on contained metal
    • No AISC capital as a cost.
    • No interest costs included.
    • USD/AUD $0.72
    • Pre-tax

    That's a lot of cash to be thrown off, even if it's only 7-8 years.
 
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