OSP
The Oxides Stockpile Project ("OSP"), consisting of a plant expansion to treat ore stockpiled from previous years of mining activity, continues in progress. The Company expects to complete final OSP engineering plans, and final CAPEX estimate, by September 2022; as well as project economics and risk assessment. Conditional upon being satisfied of the project economics, risk assessment results and obtaining sufficient funding, EMIPA expects construction to start in early calendar 2023.
"In respect of the feasibility of proceeding with the OSP, we are near to completing the final analysis of CAPEX requirements, risk assessments and funding availability. We expect to be in a position to make a decision on the development of the OSP by December 2022"