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About half the Capex will be done through Trafigura (~$100M...

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    About half the Capex will be done through Trafigura (~$100M AUD).

    To be repaid through Copper & Zinc concentrate production.

    Offtakes with Trafigura for all of the concentrate produced in first 11 years of mine life (50% after that).

    DFS based on just the first 10.5 years of mine life but VXR mentioned a couple of weeks ago (RRS presentation) that there's potentially 30-40 years of mine life there.

    First 10.5 years will produce (at a Copper price of USD$6,300):

    - $2.6B+ revenue
    - $818M free cash flow
    - $472M NPV
    - $80M+ profits per year


    Copper price currently up at US$7,320, which is a lot higher than the US$6,300 used in the above DFS numbers (increases the DFS numbers/profits significantly).


    Trafigura is massive (US$180B+ annual revenues and US$50B+ in assets).


    Cheers,

    GB.






    VXR - Trafigura.jpg
    Last edited by Green Bull: 24/11/20
 
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