The financing should all be announced this week as part of the deal.
Most likely debt financing and then we should have off take agreements signed and pay back is only 1.5 years! Correct me if i'm wrong??
• 2012 Feasibility Study confirmed the technical and financial feasibility of the Mt Carbine Project.
• Pre-tax Internal Rate of Return (IRR) of 60%.
• Net Present Value (NPV) AUD $161 million using a discount rate of 8% and an average product concentrate sales price of USD $290 per metric tonne unit (MTU). • Payback period 1.5 years.
• Capital Requirements = $55 Million.
SEI Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held