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  1. ualeon
    240 Posts.
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    12/04/18
    17:02
    Post #: 32416735
    Hi. Just came across BAT while on my phone in the airport. Need to do some DD, but in the mean time I have 2 questions:

    1. In regards to the needed CAPEX of $50M or so, is that for Balama? If so, I am assuming that the CAPEX for Montepuez has been covered by the off takes?

    2. Additionally what are the NPV for both projects?

    Thanks in advance.
    BAT Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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