De-risked capital and operating costs, technically, updated mine design, engineering on tailing management and storage.
1. Increased electrification of trolly assist on main ramps.
2. Inclusion of concentrate roasting and conversion to FerroNickel analysis.
3. Mining footprint and production rates significantly reduced.
4. Mining rates maintained at double mill capacity.
5. Tailing Storage Facility improved
And some future upside (+$300M NAV) with:
1. Autonomous Fleet Operation (NPV8 - $75M-$115M)
2. Alternative Development Scenario - (NPV8 - $155M-$210M)
3. Iron Ore (Magnetite) Concentrate (NPV8 - $95M-$140M)
Mark Selby, President & CEO, RNC Minerals talks about the
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