WKT vs. GPX
----------------------------------
NPV
WKT: After tax NPV (10) = 197 Mio USD (24 Years Minelife)
GPX: After tax NPV (10) = 349 Mio USD (8,5 Years Minelife)
Note:
At the GPX BFS comming this summer, minelife should increase to 15 years and so NPV should raise to 500-550 Mio USD.
Flake Sizes
WKT:
Above Super Jumbo (+850) = 0%
Super Jumbo (+500) = 14.8%
Jumbo (+300) = 34.5%
Large (+180) = 25.0%
Medium (+100) = 7.0%
Small (-100) = 18.7%
GPX:
Above Super Jumbo (+850) = 9%
Super Jumbo (+500) = 24 %
Jumbo (+300) = 24 %
Large (+180) = 9%
Medium (+100) = 5%
Small (-100) = 29%
Prices:
Above Super Jumbo (+850) = 5,150 USD/T
Super Jumbo (+500) = 2,540 USD/T
Jumbo (+300) = 1,757 USD/T
Large (+180) = 974 USD/T
Medium (+100) = 779 USD/T
Small (-100) = 583 USD/T
Exceptionalexpansion ratios (importent for expandable markets)
China average: 300 times
WKT: 590 times
GPX: 1500 times
-------------------------------------------------
Margin
WKT:
Basketprice: 1,515 USD/T
Opex : -347 USD/T
Margin: 1,168 USD
GPX:
Basketprice: 1,777 USD/T
Opex : -500 USD/T
Margin: 1,277 USD
-----------------------------------------------------------------
MOU/ Off takes / statementsof sales intent
WKT: 30,000 t/year
GPX: 80,000 t/year
-------------------------------------------------------------------
Mining License
WKT: FULLY PERMITTED with Mining Licence and Environmental Approvals
GPX: FULLY PERMITTED with Mining Licence and Environmental Approvals
-------------------------------------------------------------------------
Financing
WKT: not yet
GPX: fully funded up to US$80M by Castlelake (Global Investment Firm with US$13.7B under management)
------------------------------------------------------------------------------
MarketCap
WKT: 304 m shares at 16.5c = 50.1m
GPX: 87m shares at 23.5c= 20.4m
------------------------------------------------------------------
