RE: Hammerdown FS Compared with MAE/Point Roussenozzpack:
7..Initial capital costs reduced by $65 million..due to point Rousse having all mining and milling facilities
8..Initial Capital of $10 m to include Hammerdown start up facilities including admin bldg etc and includes closely driled definition drilling @ $150 per m to reduce mining dilution at Hammerdown mine.
Good work. I did review quickly (not in details) and I spotted an error regarding capital costs : you forgot to include the sorting processor that will be used at Hammerdown to reduce the transportation costs.
| Processing Plant CAPEX | Pre-Production (M$) | Sustaining / Closure (M$) | Total |
| Mine Site Crushing & Sorting | 8.3 | 5 | 13.3 |
So revisd numbers should be:
7..Initial capital costs reduced by approx $50 million..due to point Rousse having all mining and milling facilities except the sorting processing plant.
8..Initial Capital of approx $24 m to include Hammerdown start up facilities including admin bldg etc and includes closely driled definition drilling @ $150 per m to reduce mining dilution at Hammerdown mine.
Also, you have to take into consideration that they already paid for the Nugget Pond gold plant and also that they will need to contribute for buying/renting/paying for toll process mining at P-R.