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
Mt Peake
In terms of products;
Bubba
Nominal 3Mtpa mill (using the proposed front-end of the GVP kiln setup);
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.