Looking forward to the updated BFS for Prieska. A lot (no longer pushing the 'big bang' build) has changed since the 2020 BFS but the fundamental impact of Cu/Zn price moves is unchanged I assume.
We currently have an approximate 30% lift in the assumed Cu price (US$6680/t) to the spot today of ~US$8520. Feeding that into the BFS sensitivity chart would result in a lift in NPV of a conservative 30%. Add in another 5% from forex moves, we could easily see the US$550M NPV lift to something closer to US$730M and a post-tax IRR above 40%?
Maybe offset to some extent by capex cost increases?
Updated BFS for Prieska
Add ORN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $105.2M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $18.09K | 1.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37200 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 583160 | 2 |
View Market Depth
| Last trade - 14.53pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.8¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 262201 | ||
| Last updated 14.53pm 02/05/2024 ? | |||||
| ORN (ASX) Chart |