some local peers
DYOR.
KRC - MC 53m, Capex $1.8B, opex (A17/feed t), mag conc 2.11 %, resource 270mt at 0.37% (4.7bt at 0.3%)
TMT - MC 25m, Capex $284m, opex $4.27/lb, mag conc 1.30%, resource 119mt at 0.8%
AVL - MC 63m, Capex $360m, opex $4.28/lb, mag conc 1.39%, resource 175mt at 0.77%
I would assume head grade will play into the CAPEX equations to produce concentrate ,
in any regard our peers are multiples of our present MC.
Ann: Company Presentation, page-69
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