RE: Shaun's Denver Prez18 Sep 2025 22:27
@Howard249 that’s a good question but difficult to answer. There is, and has been for quite a while a debate In Australian mining on whether EBITDA, AISC or Profit Margin should be the metric. There’s obviously costs involved with hiring / buying a rock crushing plant for example , the Hav to Telfer road as in the latest EPA application waiting approval. To increase output to above 4 million tons is a conveyer required and a maybe a second decline? Will the transport will be autonomous, manned, diesel or electric. Will they utilise solar power from Twiggy’s venture. There’s a myriad of unknowns. Hopefully the DFS will answer many questions including costs to make it happen and predicted profits whatever metric they use.
On top of all this there’s the macro environment. What will be the price of Labour & energy, inflation and gold, increasing the flights from Perth to Telfer and many many more factors. A big part of this will be the grades at Telfer too. But it’s looking good.