TSX:ELR - Post Discussion
Post by
FreedomFun55 on May 20, 2022 11:30am
"Net Present Value ("NPV") of approximately $188.0 million"
Spring Loaded IMO...
" The study was conducted on a "standalone underground" operation, as well as an "including the remining and processing of the Tailings Storage Facility ("TSF")" operation.
The Planned Project Highlights (all amounts in USD unless specified)
Net Present Value ("NPV") of approximately $188.0 million excluding the TSF and $202.0 million including the TSF, based on the following parameters:
- at 11.87% discount rate using a life of mine ("LoM") long term 4E PGM basket price and calculated chrome price as per the offtake agreement;
- the exchange rate utilized for the conversion to USD is R15.53; and
- LoM: 1.51 million 4E oz of commercial production over 22 years.
The following table presents a range of values based on various discount rates:
| Item | Unit | Excluding TSF | Including TSF | TSF |
| NPV@0% | USDm | 494 | 509 | 15 |
| NPV@5% | USDm | 313 | 328 | 15 |
| NPV@10% | USDm | 214 | 228 | 14 |
| NPV@11.9% | USDm | 188 | 202 | 14 |
| NPV@15% | USDm | 154 | 167 | 13 |
| NPV@20% | USDm | 115 | 127 | 12 |
- Non-sustaining capital costs of $21 million, which includes a 15% contingency applied to capital expenditure estimates with a Total All-In Costs of $1,537 per 4E oz with a contingency of 20% applied to mining operating costs, and 10% applied to the processing and other costs, in line with estimate accuracies.
- Payback period of 2.0 years including the TSF.
Diana Hu, President, Chief Executive Officer, and Director of Eastplats commented, "Now the Company will embark on securing the required funding to get the Zandfontein underground mining restarted in 2022." "
https://stockhouse.com/news/press-releases/2022/05/20/eastern-platinum-files-updated-technical-report-on-the-crocodile-river-mine
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