Technology Metals Australia persuing upside at Gabanintha beyond $1b+ PFS

Like This Video 0 78 Viral Syndicator
Added by June 27, 2018

Technology Metals Australia (ASX:TMT) executive director Ian Prentice speaks to Proactive Investors about the company’s milestone achievement of releasing a pre-feasibly study (PFS) 18 months after listing on the ASX. The company’s flagship Gabanintha Vanadium Project in Western Australia has been developed at pace, with a “globally significant large resource” announced in March, which the freshly-released PFS assesses as having a net present value (NPV) of $1.27 billion, based on a 13-year mine life and discount rate of 10%.

“A lot of engineering and a lot of detailed metallurgical work has gone into the study, and it’s delivered a very technically-strong, financially-robust project… the study was only based on about 21 million tonnes of our overall 120 million tonne resource,” says Prentice. The project also looks to be of a premium grade with relatively low costs of production.

Spread the love

Similar Videos

Testing Cat Gadgets and toys on our Cat!!

0 91 0

Testing Cat Gadgets and toys on our Cat with Ryan ToysReview! Ryan’s Family found some new cat products to see which cat toys they like better! Spread the love

Spread the love

Bila ZIzan Dapat Naik Bugatti Veyron

0 103 0

Spread the love

Spread the love

10 Things The Rich Do That The Poor Don’t – Why You Are Still Broke

0 85 0

Stop strugling and make $125+ per day http://bit.ly/2DhZ9lR 10 Things The Rich Do That The Poor Don’t – Why You Are Still Broke Spread the love

Spread the love

Write a Comment