RE: MOD/ANN19 Jun 2018 06:28
Reminder of pfs
"A Pre-Feasibility Study (PFS) Base Case in January for the T3 Open Pit indicated an estimated US$730mln of underlying earnings (EBITDA) over 9 years, which rises to US$1.1bn over 12 years.
The PFS also indicated a net pre-tax cashflow of US$530mln, inclusive of development capital, annual free cash flow of US$77mln before tax from the start of production and a payback from production start of 2.7 years.
In its conclusion, the PFS stated that T3 offers “a low-risk, low capital pathway to copper production supported by improving confidence in the long-term consensus copper price”.
Incredible that we already have this and are just adding more and more!