OTCPK:VDMRF - Post Discussion
Post by
Betteryear2 on Jul 25, 2022 5:27pm
After Tax NPV Of US$1.6 Billion and IRR of 43% For PEA
TORONTO, ON / ACCESSWIRE / July 25, 2022 /
- Annual average EBITDA of US$348MM and average annual free cash flow of US$235MM over 21 year life of mine ("LOM")
- Annual production targeted at approx. 5.0 million tonnes of high grade, low impurity, iron concentrate grading ~65% iron with 0.52% V2O5 per tonne of concentrate
- Total operating costs of US$66/t of concentrate over LOM (freight to China included)
- Initial Capex estimated at US$574 million includes US$118 million contingency
- Payback period under 2 years
- 21-year LOM uses fraction of total resources
- Open pit mining operation with a LOM strip ratio less than 0.9:1
- Additional upside from the potential to expand development from the current North Zone Inferred Resources (507Mt) and South Zone Indicated (119Mt) and Inferred (89Mt) Resources
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Voyager Metals Reports after Tax NPV Of US$1.6 Billion and IRR of 43% For Its Preliminary Economic Assessment at the Mont Sorcier Magnetite Iron and Vanadium Project in Quebec
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