Category | Mt | Ag g/t | Pb% | Ag Moz | Pb Kt |
---|---|---|---|---|---|
Indicated | 17 | 75 | 0.50 | 41 | 85 |
Inferred | 7.2 | 67 | 0.20 | 16 | 14 |
Total | 24 | 73 | 0.41 | 57 | 99 |
Cost Centre | A$M | A$/t ore | A$/oz Ag |
---|---|---|---|
Mining | 220 | 25.71 | 8.23 |
Processing | 206 | 24.07 | 7.72 |
G&A | 30 | 3.51 | 1.12 |
C1 Cash Cost | 456 | 53.28 | 15.95 |
Silver Royalty | 19 | 2.22 | 0.71 |
Sustaining CAPEX | 21.2 | 2.47 | 0.79 |
All In Sustaining Cost | 496 | 57.98 | 17.45 |
Item | Unit | Whole Ore Option | |
---|---|---|---|
Base Case | |||
Economic Assumptions | |||
Silver Price | A$/oz | 34.30 | 38.0 |
US$/oz | 24.70 | 27.35 | |
Exchange Rate | A$:US$ | 0.72 | 0.72 |
Physicals | |||
Life of Mine (LOM) | Years | 5 | 7 |
Mined Ore | Kt | 8,575 | 10,909 |
Strip Ratio | Waste:Ore | 9.2 | 6.5 |
Processed Tonnes | Kt | 8,575 | 10,909 |
Processed Silver Grade | g/t | 128 | 109 |
Silver Recovery | % | 75.7 | 75.2 |
Silver Dore Produced | Moz | 26/7 | 29 |
Cash Flow | |||
Gross Revenue | A$M | 969 | 1,183 |
Royalties | A$M | 19 | 28 |
Doré Transport & Refining | A$M | 7 | 8 |
Net Revenue | A$M | 943 | 1,147 |
On Site Operating Costs³ | A$M | 456 | 545 |
Net Operating Cash Flow | A$M | 487 | 602 |
Upfront Capital Cost⁴ | A$M | 131.1 | |
- Mining Pre-production | A$M | 5.2 | |
- Process Plant | A$M | 43.2 | |
- Infrastructure | A$M | 46.8 | |
- Indirect Costs | A$M | 20.4 | |
- Contingency | A$M | 15.5 | |
Sustaining Capital Costs | A$M | 21.2 | 29.2 |
Net Project Cash Flow (Pre-Tax) | A$M | 335 | 442 |
Value Metrics | |||
Pre-Tax NPV₈ | A$M | 202 | 245 |
Pre-Tax IRR | % | 54.1 | 47.9 |
Pre-Tax Payback Period | Years | 2.3 | 2.8 |
Post-Tax NPV₈ | A$M | 135 | 158 |
Post-Tax IRR | % | 40.1 | 36 |