'Big (Cu-Au) brother' OZL in the spotlight today:
Carrapateena current mine plan 'would produce about 65,000 tonnes of copper metal a year and 67,000 ounces of gold.' Capex $916m.
Subject to PFS, this compares with '34,000 tonnes of copper and 108,000 ounces of gold' at Kalkaroo. Capex $350m.
At today's Cu-Au prices, annual gross revenues for the above plans are estimated at:
Carrapateena USD555m pa
Kalkaroo USD387m pa (c. 70% of Carrapateena)
Looking forward to publication of the Kalkaroo PFS!
DYOR
PFS, page-88
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