Yes I did intend to post this in the SYR forum - it's, as I explained, a comparison between another soon to be vanadium miner - a comparison between their project economics and that of SYR.
Previously I posted vanadium information from Molo, which drew these comments ...
"Thanks, Tobyjack, for putting this material front-and-centre of the graphite mine discussion."
"Interesting info re Molo though"
I took that to read the comparisons were welcome.
Various "guestimates" of capex have been made on this thread for SYR - even though formal release has been made by SYR. Largo has released it's capex/opex and a flow sheet of the proven industry tested vanadium process - it's of interest to those who do not understand the process and perhaps influenced by those who think they know.
ProjectEconomics
18
*including iron ore byproduct credit –OPEX without credit is $3.18 (still lowest cost producer)
**Average years 1-15
NetPresent Value
$554 million
After tax Internal Rate of Return
26.3%
Discountrate
8%
Exchange rate (BRL:USD)
2:1
Average Production
11,400 tonnesV2O5 equiv
Mine life
29 Years
InitialCAPEX
235 million
OPEX
$2.10*
V2O5price –3 year avg
$6.37
Average annual cashflow
$89 million**
Vandadium mining flow sheet is located on page 21.
http://www.largoresources.ca/files/doc_presentations/2013/LGO%20Corporate%20Presentation%20-%20September%202013.pdf
http://www.metalsnews.com/Metals+News/MetalsNews/Allen+Alper+Jr.+and+Aaron+Hoos/MNNEWS732746/Largo+Resources+Mark+Brennan+CEO+and+President+of+Largo+Resources+(TSXV+LGO)+Aims+to+Be+the+Largest+and+Lowest+Cost.htm
Yes I did intend to post this in the SYR forum - it's, as I...
-
- There are more pages in this discussion • 55 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.5¢ |
Change
0.025(9.26%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 30.0¢ | 28.0¢ | $1.532M | 5.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 184478 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 303617 | 12 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |