Re: $3 Nickel
in response to
by
posted on
Dec 13, 2013 01:37PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Unless I missed something below is a rough estimate of the LOM Revenue and OPEX. I uped the expected OPEX to include freight and treatment charges because I am too lazy to work out the NSR. Shouldn't be too hard to figure out the NPV using what ever capex you feel is appropriate and an appropriate life of mine.
Tonnes | Ni | Cu | Pt | Pd | Au | |
Measured | 5,346,000 | 2.08 | 1.07 | 1.04 | 3.55 | 0.2 |
Indicated | 5,643,000 | 1.5 | 0.89 | 0.94 | 3.27 | 0.2 |
10,989,000 | 1.78 | 0.98 | 0.99 | 3.41 | 0.20 | |
Infered | 8,966,000 | 1.1 | 1.14 | 1.16 | 3.49 | 0.3 |
MOZ Resource | 19,955,000 | 1.48 | 1.05 | 1.07 | 3.44 | 0.24 |
Measured and indicated | ||||||
Resource Recovery 90% | 9,890,100 | 1.78 | 0.98 | 0.99 | 3.41 | 0.20 |
Planned Dilution 10% | 10,879,110 | 1.62 | 0.89 | 0.90 | 3.10 | 0.18 |
External Dilution 7% | 11,640,648 | 1.51 | 0.83 | 0.84 | 2.89 | 0.17 |
Mining Recovery 95% | 11,058,615 | 1.51 | 0.83 | 0.84 | 2.89 | 0.17 |
LOM Head Grade | 1.51 | 0.83 | 0.84 | 2.89 | 0.17 | |
Metal Recovery | 80% | 87% | 82.30% | 74% | 77% | |
Metal Recovered | 133,956 | 79,908 | 7,644,800 | 23,682,537 | 1,446,922 | |
Metal Payability | 90% | 75.00% | 74.20% | 74.20% | 74.20% | |
Payable T's or g's | 120560.2121 | 59931.0089 | 5672441.239 | 17572442.27 | 1073615.849 | |
Payable lb's and Oz's | 265,232,466.58 | 131,848,219.58 | 200084.0198 | 619832.7563 | 37869.65186 | |
Aproximate price | 6.2 | 3.1 | 1300 | 700 | 1200 | |
Revenue in '000 | $1,644,441.29 | $408,729.48 | $260,109.23 | $433,882.93 | $45,443.58 | |
Estimated Cost 110$ per tonne | $1,216,447,684.65 | |||||
Estimated Revenue | $2,792,606,510.86 | |||||
MOZ Resource | ||||||
Resource Recovery 90% | 17959500 | 1.48 | 1.05 | 1.07 | 3.44 | 0.24 |
Planned Dilution 10% | 19755450 | 1.34 | 0.96 | 0.97 | 3.13 | 0.22 |
External Dilution 7% | 21138332 | 1.25 | 0.89 | 0.91 | 2.93 | 0.21 |
Mining Recovery 95% | 20081415 | 1.25 | 0.89 | 0.91 | 2.93 | 0.21 |
LOM Head Grade | 1.25 | 0.89 | 0.91 | 2.93 | 0.21 | |
Metal Recovery | 80% | 87% | 82.30% | 74% | 77% | |
Tonnes Recovered | 201,416 | 155,939 | 14,963,310 | 43,480,568 | 3,217,751 | |
Metal Payability | 90% | 75.00% | 74.20% | 74.20% | 74.20% | |
Payable Tonnes | 181,274 | 116,954 | 11,102,776 | 32,262,581 | 2,387,572 | |
Payable lb's and Oz's | 398,803,631 | 257,298,864 | 391,628 | 1,137,998 | 84,217 | |
Approximate price | 6.2 | 3.1 | 1300 | 700 | 1200 | |
Revenue in '000 | $2,472,582.51 | $797,626.48 | $509,116.67 | $796,598.62 | $101,060.17 | |
Estimated Cost 110$ per tonne | $2,208,955,641.75 | |||||
Estimated Revenue | $4,676,984,452.21 |