PFS NOV 2019 Gross Revenue EBITDA Pre‐tax IRR $ million $ million
High 2,733 2,068 129% Base 1,984 1,319 101% Low 1,448 782 64%
Predictions Gross Revenue EBITDA and Pre Tax IRR for the BFS out Oct 2020 Mine would be at least double on the high side. With plenty more resource to be added at a later stage.
Also downstream processing of 50,000 tonnes per annum of concentrate into a high grade NdPr carbonate for export, which could enable the Company to capture a substantially increased proportion of the product value in Angola
When you start to extrapolate the above into Gross Revenue and EBITDA the numbers are mind blowing. GLTAH
PM8 Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held