FS - technical report UPDATE....
woth reading ...
NPV @ 1500$ POG should be near 800 million USD
24.0 OTHER RELEVANT DATA AND INFORMATION
24.1 Project Implementation and Schedule
The initial strategy for implementation of the Project early works is driven by Orezone's intent to selfmanage
the majority of construction for the resettlement, access road upgrade, initial camp upgrade and other similar
activities required to prepare the site for mobilization of the bulk earthworks contractor.
Significant progress has been made with the owner managed early works with the access road upgrade and
camp upgrade complete and work being well advanced on the initial phase of the RAP. In addition, progress has
been made on the initial phase of FrontEnd Engineering and Design (FEED), with the design of the oxide plant
being well advanced, project controls and many of the various Project plans completed or drafted, and
procurement of long lead items having progressed to the stage where firm pricing has been obtained and used
to update the oxide capital estimate for the 2019 DFS.
Orezone will prepare, tender and award the mining contract to enable the successful contractor to mobilize and
commence the OCR excavation works. It is likely that the mining contractor will be awarded elements of site
bulk earthworks, particularly those associated with the raising of the TSF starter embankments.
Design of the TSF must also be completed early in the schedule and a contract for its construction awarded to
generally coincide with the OCR excavation, as excavated OCR material is to be immediately transported and
utilized in the construction of the TSF embankment.
A freight forwarder will be engaged prior to the end of 2019 to manage shipping and logistics requirements.
Construction of the plant will be completed using horizontal packages. Works in the plant area are anticipated
to commence in April 2020, leading to first gold pour in June 2021.