AEE 3.23% 15.0¢ aura energy limited

Vanadis IPO, page-257

  1. 416 Posts.
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    Another close to surface shale project in the USA with 0.3 per cent vanadium. I don't know how comparable these numbers are but in this case the breakeven price is expected to be US $7.76 dollars per pound. 


    https://www.prophecydev.com/PCY_Oct11.18.pdf



    Highlights of PEA (after tax)

    Average annual production 9.65 million lbs V2O5

    Average V2O5 selling price $12.73 per lb

    Operating cash cost $4.77 per lb V2O5

    All-in sustaining costs (AISC) * $6.28 per lb V2O5

    Breakeven price** $7.76 per lb V2O5

    Capex including 25% contingency $116.76 million

    Strip ratio 0.17 waste to leach material

    Mining operating rate per year 3.4 million tons V2O5 heap leach

    recovery rate 62%

    Life of mine 13.5 years

    Last edited by ggwill: 17/10/18
 
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