Blackstone Mining's Ban Phuc DSS initial control-level resources are 44.3 million tons, with an average nickel grade of 0.52%, and nickel metal is 229,000 tons; there are inferred resources of 14.3 million tons, with an average nickel grade of 0.35% and nickel metal of 50,000 tons;
The annual output of nickel is about 12,700 tons per year, which can be mined for about 8.5 years;
The total revenue is approximately US$3.3 billion (between US$2.95 and US$3.6 billion);
Net cash flow before taxes is US$1.2 billion (between US$1.03 and US$1.37 billion);
Capital investment before production is approximately US$314 million, including emergency expenses;
Pre-tax cash flow is approximately US$179 million per year (between US$155 and US$210 million);
The pre-tax net present value (8% discount rate) is approximately US$665 million (US$550 million to US$780 million), and the internal rate of return (IRR) is approximately 45% (38% to 50%);
The investment payback period is 2.5 years;
There are extremely economical nickel sulfide deposits that can produce nickel, cobalt and manganese minerals for the lithium-ion battery industry;
The downstream beneficiation facility uses the existing tested beneficiation technology;
Blackstone's downstream NCM precursor products have greatly increased the selling price of nickel mineral products, with a premium of about 70-80% increased to 125-135% of the price of LME metal;
The upside of the current project includes: phased upfront investment, value-added by-products (including copper, gold, platinum, palladium and rhodium), King Cobra discovery area, Ban Chang, Ta Cuong and other 25 untested massive sulfide veins Target body.
(The location of the Ta Khoa project in Vietnam)
Scott Williamson, Managing Director of Blackstone Group commented:
"The outline study defines a project development path that maximizes the economy, minimizes environmental and social impacts, and provides lasting returns for our local communities."
"While we are satisfied with the results of this study, we will continue to expand resources in this exciting but untapped Vietnam region to increase our production potential, and we have begun a pre-feasibility study level for this project. work."
Today, Blackstone Mining shares fell 11% to 43 cents, with a market value of 154 million Australian dollars.
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