As I said before KIS must be in your portfolio.
The Tungsten grade is superb and 86,000t of Tungsten in the ground is very good.
200,000 mtu /y sounds good to me.
If 60% is debt I am happy, it could be more + off-take deal.
Project Economics
• Total expected project funding required, owner operated, A$65m
• Estimated operating costs delivered A$160 – A$165 per mtu
Ann: Dolphin Geotechnical Drilling Update, page-2
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