A DSO operation setup the main restriction would be signing up your customer they need to do testing and setup shipping, that could take upto 6 months perhaps, during that time you will have plenty of time to setup camp and get to ready for ripping and shipping.
This is the difference between what the others are doing and Tando want to do.
We dig it crush it run it through separation to bump the grade, then we send it off to china and they handle the rest.
These are some capital costs I spied for another company looking to ship 6Mtpa of DSO ore, we would be looking to probably ship less than so would need smaller camp etc, I think $20mill range is realistic.
For comparison best in class who we are trying to emulate in grade largo resource does just 1.4Mtpa of ore are bringing in $100million in revenue every quarter.
The main advantage would be Capex, if you look at the competition AVL.TMT,KRC they are needing $400-$800million to get running, PLS struggled to raise $150mill in debt sporting a billion valuation, gl getting $400million+ with $100mill valuation.
If we can find a refiner in china to split the revenue with at these grade there will be tons of meat on the bone for everyone, TNO will be off and running 1-2 years of DSO and we will be building a plant self funded.
