PEN 1.12% 9.0¢ peninsula energy limited

reply from management on dfs release timeframe, page-25

  1. 1,076 Posts.
    lightbulb Created with Sketch. 50
    Agreed deltafive.

    If you look at the capex within the PFS, even including the 10% contingency, the total cost is 79.2m.

    This is seriously cheap compared with conventional open pit mining, e.g. BMN who are faced with raising more than a billion US$.

    Even if our capex were to DOUBLE from this estimate (very, very unlikely!) it is still small beer all things considered.







 
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