I do quite a bit of research into laterite players and have onoy noted two projects in Aust have reached BFS/DFS stage, a few others have done SS and PFS but due to the plus minus factors in these prices wouod not be counted as comparison, for your knowledge as I am a wiiling to impart, SS and PFS are in the range of +- 30-40% range in costings and BFS/DFS is +- 10-15% range of costings in accuracies.
If hypothetically I was a banker I wouldn't even be looking at SS or PFS projects and with the BFS/DFS projects OPEX is only one factor to he considered among many such as analysts reports on future demand increases and anticipated prices for produced materials, CAPEX, location, political considerations, available and required services, Mineral Reserve ( very critical as you can have a very large Mineral Resource but due to impurities, ore type/grade, geography, cultural considerations etc only a small amount can be converted to Mineral Reserve often the death of a lot of projects), OT agreements , equity.
OPEX is only a small part of considerations.
As to the other project that can be considered for OPEX costs now that all modifications have been approved which were not fully considered in costings a new figure will be released sometime in 2019 as will AUZ be releasing a new C1/OPEX with optimized BFS release slated for Q2 incorporating increase in grade and Reserve from 2018 drilling program.
AUZ Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
(20min delay)
