GREY:AXXDF - Post by User
Comment by
Greenandgold.on Feb 27, 2012 1:46pm
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Post# 19592346
RE: RE: RE: When is the move?
RE: RE: RE: When is the move? Compare with Champion's PEA for Fire Lake North: It estimates a $4 billion NPV (8% discount rate) based upon a 921.8 million tonnes resource grading 28.8% iron, a mining production rate of 8.7 MT per year. Fire Lake North will have higher capex ($1.3 billion vs Kami's $989 million) and higher opex ($51 per tonne vs Kami's $44 per tonne).
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If ADV hits its numbers in the feasibility study (1.2 billion tonnes resource, 16 MTA production rate, sub-$1 billion capex, $44 opex) I expect its NPV for Kami to reach at least $6 billion.