Shaun Day's Previous Comments on Potential Standalone Havieron Processing7 May 2024 08:50
I finally found an old post from last year with the comments from Shaun Day about the processing of Havieron ore. I guess, looking at the comments over the long weekend, the 'second' option has been discussed a bit more:
"...There are two ways to process Havieron ore, you know one is through the existing infrastructure, which is Telfer and which is 45 kilometres down the road and the existing, I guess, relatively de-risked pathway to the processing. An alternative is to build a new purpose-built plant right at the mine mouth. Now that does have certain advantages to it, that new piece of kit , it’s the right size for Havieron and you avoid haulage for years, if not more likely decades of material to Telfer."
"So, there is, depending on the size of the mine, the NPV is actually better to build a processing plant at the mine mouth. But you also have to have to weigh that up with the time frame it would take to construct, the funding you need to do that construction and the greater risk of actually undertaking a major project as opposed to taking advantage of existing infrastructure."
"I think it's very likely that we will continue the base case of taking advantage of that existing infrastructure. But world class ore bodies you can solve in multiple ways and know. So, we have the luxury of a choice bit. But right now, I would steer people towards what the PFS said, which is the base case is processing through Telfer and you can close Telfer mining and still run the processing centre."
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