Interesting with those figures I'm not sure where the bottle neck will be but looks as though they are targeting capacity of 1.5mtpa initially then ramping up to 6-12 mpta with a 16 year life .. based on current resources.
I'm building a small position but would be very interesting to see feasibility figures to know that the capital costs are for each stage and also what total operation costs are per tonne for each stage.
Do you know any more about this ?
If they can clear $60 p.t. even a small 1.5m.t.p.a. operation will mean strong cashflow in the order of 80 M pa. Am I missing anything ?
SHD Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
