MNB 2.90% 7.1¢ minbos resources limited

Thanks for your kind words...assuming you've done your research...

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  1. 146 Posts.
    Thanks for your kind words...

    assuming you've done your research before coming on here and mouthing off :-) .....

    you'll know ...

    it's hardly rocket science to work out what the potential NPV would be...

    Why ?

    Well we know the capex & opex costs aren't going to change a great deal as the projects are all located in the same region...

    ............

    Kanzi -

    scoping study based on 66mt inferred resource

    1mt pa for 17years LOM ( 17mt produced over LOM)

    17mt / 66mt = 26% recovered and produced

    Numbers

    $626m NPV / 66mt = $9.48m pt of resource in the ground

    $626m NPV / 17mt = $36.82m pt of resource produced

    ......................

    Cacata

    scoping study based on 30mt inferred resource

    0.8mtpa for 10 years LOM (8mt produced over LOM)

    8mt / 30mt = 27% recovered and produced

    Numbers

    $311m /30mt = $10.37m pt of resoucre in the ground

    $311/ 8mt = $38.87m pt of resource produced

    ...........................

    Considering we are divesting interests in the DRC so lets concentrate on Cacata numbers for the total resource of Cabinda...

    Cabinda resource announced the other day...

    391mt

    using the numbers from the above calculation..

    1) x $10.31m pt of resource in the ground =

    391mt x $10.31 =

    $4053.36m

    or

    $4.05billion NPV

    2) x $38.87m pt of resource produced =

    391mt x c27% recovered and produced =

    105.57mt x $38.87 =

    $4103.5m

    or

    $4.1billion NPV

    ......................

    So $4.05 or $4.1billion

    lets say $4billion

    ........................

    Now this would include capex costs for each of the projects, for example Cacata NPV based on $157m ..

    but there is scope to reduce the upfront capital costs by $18m, by out sourcing the mining and road haulage fleet.

    A further possible capital cost saving could be achieved by outsourcing the Marine operation too....

    But the most significant potential cost saving, as highlighted in the ann, the scope for satelite mines all around the cacata area could feed into the processing plant at Cacata for many years.. one being Chivovo

    The processing plant takes up a big proportion of the capital costs @ $54.8m of the $157m

    Also the resource will get bigger as exploration work is "ramped" up...

    Hey but WTFDIK

    All the best

    :-)
 
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