Voyageur Pharmaceuticals Ltd V.VM

Capex reduction

[lscfa]

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?

[WarrantOfficer]

I thought about this when they published it. They hire a compnay to perform their PEA, then they knock 37% off the CAPEX. Frequent hits and misses here. 

[Budd22]

Best I could find that semi answers your question. Sept 23 2022 “SGS Canada completed a Preliminary Economic Assessment and assigned a NPV of $344 million with an IRR of 137%, to the Frances Creek project. The company is designing a new barium API pilot plant, with the goal of reducing the capital required, from the $36 million over three years, stated in the PEA. Voyageur’s plan is to build a

[biggdogg]

They reduced the SGS CapX down based on the fact they have built multiple facilities in the past, they know what they are doing. They also added iodine manufacturing to the capx, which increased it. They have not missed the mark on anything, you guys need to read those news releases more closly.  News today is great, they are proving their smoothy is better than Braccos, thats a good start

[lscfa]

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