Production could be just 18 months31 Mar 2020 16:05
Capital cost estimate for Stage 1 is US$38.6m, which includes a contingency of U$S4.1m or 15% of total direct capital cost, a slight increase on the scoping study allowing for the staged ramp up
1.6 year payback for Stage 1 (after tax) based on an average sales price of US$1,179/t
These are brilliant figures
60,000tpa x US$1,179/t = $70,740,000
Thats $70.74 million revenue in the first year..!!