RE: Let's play guess the special dividend .....23 Aug 2021 13:24
Dmitry gave the benchmarks in his 2019 interview but prices increased a lot since then.
There is a 200m dollar EPCF agreed on a just a fraction of the MT resource with a third party expert who would carry risk. That will have done the studies required. Having that in place massively increases the value even before then.
But somebody can possibly use the existing NN facilities and save money. Some resources don't even have a road in. Take Amur Minerals for their huge nickel sulphide deposit. It needs a 200m dollar road building before they start and they trimmed it down to 130 or so by making it single lane with passing!
We have PGM, nickel, copper, gold, cobalt, rhodium, iridium and lots of other wonderful speciality ores/compounds. Any one by itself pays for the infrastructure in many cases. Others on free ride nearly.
Oh, and then we are the lowest cost and one of most ESG friendly ops going with battery and hydrogen green metals in abundance. More of a cake dance really.