GREY:PGDIF - Post by User
Post by
ekimon May 05, 2016 9:52am
132 Views
Post# 24843872
Nice news
Nice newsBarring my opinion on grade and value may go up when they have a cleaner less broken sample, those 5 million tonnes of profitable material just added a chunk of npv and reduced the payback on the project. IMO 9.5 million tonnes seals the deal on a 1 mpta mill and that has a significant impact on ch6 when comparing to a 500ktpa mill. NPV should be higher and operating costs lower and payback faster. NPV is all about ch6 and today's news release is satisfying both socio-economic and economic requirements.
long....PGD...ekim