RE:Capex reduction NPV is reduced by 24%....
| | PEA 10,000 t/yr | PEA 10,000 t/yr | 5000 t/yr | 5000 t/yr |
| Year | After tax Cash flow | PV @ 8% | After tax Cash flow | PV @ 8% |
| 1 | -5 | -4.6 | -4.5 | -4.2 |
| 2 | -15 | -12.9 | -9 | -7.7 |
| 3 | -16 | -12.7 | -9 | -7.1 |
| 3 | 30 | 23.8 | 15 | 11.9 |
| 4 | 65 | 47.8 | 32.5 | 23.9 |
| 5 | 74 | 50.4 | 37 | 25.2 |
| 6 | 74 | 46.6 | 37 | 23.3 |
| 7 | 75 | 43.8 | 37.5 | 21.9 |
| 8 | 74 | 40.0 | 37 | 20.0 |
| 9 | 74 | 37.0 | 37 | 18.5 |
| 10 | 74 | 34.3 | 37 | 17.1 |
| 11 | 74 | 31.7 | 37 | 15.9 |
| 12 | 48 | 19.1 | 37 | 14.7 |
| 13 | | | 37 | 13.6 |
| 14 | | | 37 | 12.6 |
| 15 | | | 37 | 11.7 |
| 16 | | | 37 | 10.8 |
| 17 | | | 37 | 10.0 |
| 18 | | | 37 | 9.3 |
| 19 | | | 37 | 8.6 |
| 20 | | | 37 | 7.9 |
| 21 | | | 24 | 4.8 |
| | 626 | 344.2 | 641.5 | 262.6 |
lscfa wrote: Anyone else wondering how mgmt got the capex reduced by 37% from $36 mil to $22.5 mil? The PEA assumes a processing plant of 10,500 tonnes/yr (5 tonnes/hr) whereas the ACH Engineering estimate assumes a 5,000 tonnes/yr plant. Smaller capex for smaller capacity?