RE: Net present value15 Feb 2025 10:09
Hi Manlord.
In the latest empire presentation they compared ourselves with Sovereign metals who seem to be around a year ahead of us in presenting a feasibility plan. In it they forecast processing 24 tonnes of rutile per year which would equate us producing 1 million tonnes per year of tio2.
Logistically our site would seem much better that theirs. This would produce 500million of free cash flow per there.
Obviously these figures are huge and I have have missed something.
Can you help.