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Ann: Updated DFS Confirms Standout Graphite Project, page-7

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  1. 4,172 Posts.
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    This is brilliant news , I like the vendor funding bit and confirms the RAP is included, yes watch those sells get pulled.

    Pre-Production capital costs have been further reduced by 6.4% to US$27.8M from US$29.7M in 2017. An upfront saving of some US$2.5m has been achieved through vendor funding of a large portion of the camp infrastructure costs.

    Capital costs have been determined through a combination of fixed tender pricing, firm quotations and data-base references based on similar operations. The costs presented have a base date of December 2018 and are presented in United States Dollars (US$).

    The costs presented are definitive costs and include the US$2.1m provision for the Relocation Assistance Programme (RAP), (ASX Announcement 31 January 2019).
 
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