AUZ 0.00% 0.8¢ australian mines limited

Company indicated a reduction in capital costs after signing...

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    Company indicated a reduction in capital costs after signing offtake (regardless of the other cost cutting approach - DES)

    We all patiently wait on confirmation by way of DFS.

    I think someone else put it very well a few weeks ago - it is posters like you that leave themselves wide open to litigation with your active (naive and childish) attempts to encourage a soph to take legal action against the company on a public forum. No doubt contributing to pump and dump scenarios on both forums with your excessive ego.

    I'll let you do the math Mr my research is high value information.

    Page 16 of announcement 15/09/2021 - asx small to mid cap conference presentation

    Indicative Capital Cost Inputs(MHP production)


    ✓ Life-of-mine average production of contained nickel and cobalt: 11,997 tonnes per annum1
    ✓ Expected installed capacity cost (processing plant): circa US$49,000/tonne produced annually (average)2

    1 Based on Ausenco’s updated Bankable Feasibility Study (BFS) for the Sconi Project published on 13 June 2019. Life-of-mine average production of nickel and cobalt sulphate (53,800tpa) grading 22.3% contained nickel and cobalt (or 11,997tpa contained nickel and cobalt).

    2 Global Mining Research report dated March 2018, HPAL: Upping the pressure (www.globalminingresearch.com)
    Australian Mines notes the disclosure echoes the Companies’ announcement released on 30 May 2018 (see Slide 7)
    Last edited by hookyonezero: 19/07/22
 
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