Thought I would start a separate thread for Peak’s Yendon HPA project while waiting for our next program/results. It will bring out some disgruntled contention but ‘fresh set of eyes’ etc
This is Peak Minerals Yendon HPA project with completed PFS - June 2018
This is from a great presentation from FYI today, this slide forecasts HPA demand - which doubles in under 8 years!
Now think how many HPA stories are in the news just over the past 6 months.
This slide is FYI’s latest metrics - 2021
..and this is Peak Minerals PFS metrics - 2018
Update to 2021 figures (for illustration purposes) wipes USD $69M from Capex and increases forecast sale price by USD $1,200/t (4N)
Project NPV and IRR just went up by some 25%, and that’s just in 2 years. Now cross reference that to forecasted demand. It’s now a AU$1B project with a 3 year payback - what will it be in another 2 years if it progressed forward to production from today.
Worth keeping an eye on…
