Ann: TNG signs strategic HoA with BBI Group, page-258

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maxter

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17/06/18

16:59

Post #: 33765814
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Originally posted by Propunter2 ↑

The way I read it is that ratio is closer to 3.333.
3Mtpa mined produces 0.9Mtpa concentrate

Year 1-4 - ore feed 3Mt pa
The TIVAN® process plant will have a design feed capacity of 900,000 tonnes of magnetite concentrate per year and is proposed to expand to a maximum capacity of 1,800,000 tonnes in production Year 5.
http://www.tngltd.com.au/projects/mount_peake_fe_v_ti/2015_definative_feasibility_study.phtml

One of the major operational costs as you point out is going to be energy consumption. The MOU with CCE will inevitably capitalize on the decreasing cost per kWh (June 15 2.155 c/kWh in the US) of solar power generation to run the banks of Electrostatic & WHIMS machines which will no doubt chew a lot of this power.
https://cleantechnica.com/2018/06/1...-155-cents-per-kwh-400-mwh-of-energy-storage/

The links from the site below are from a company owned by Downer who have committed $50M to the project finance make up with the provision of a camp. They would be doing a disservice to their own shareholders making a commitment of this magnitude without first undertaking their own due diligence to make sure the company can pay them back - ie that TNG with TIVAN will have a profitable ongoing concern to do so.
https://mineraltechnologies.com/pro...ent-design-selection/electrostatic-separation
https://mineraltechnologies.com/process-solutions/equipment-design-selection/magnetic-separation

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You might find this interesting. Inn the background there appears to be processing complex exploration with the stated Chinese entity. This appears to have started 2012. In 2017 options are firming and FID expected this year coinciding with last week's HoA with TNG. this space could be a blinders.

http://www.jsbmarketresearch.com/co...ing-complex-western-australia-project-profile

TNG Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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Ann: TNG signs strategic HoA with BBI Group, page-258

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels