GREY:NMKEF - Post by User
Post by
CanadaCoinon Jul 31, 2019 8:11pm
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Post# 29981904
First Glance Highlights from the Press Release....
First Glance Highlights from the Press Release....- NPV is down slightly, once you take into consideration of the $340M 'sunk' costs, but surprisingly higher than I thought it would be
- OPEX has increased substantially
- CAPEX is up $468M plus 'sunk' costs
- Production is now 100% Hydroxide at a rate of 37,000 tonnes/annum
- Plant production will not commence until November of 2021. [Opinion: It will take at least six months to fully ramp up to 'nameplate capacity' - May 2020.....if all goes well].