A green mine featuring solid long-term cash flow and…

  • Large, high grade and well-defined deposit with resources for several decades
  • Solid market outlook with growing demand, limited new supply and positive price outlook
  • MoU with industrial minerals major for 100% long-term offtake from start of production
  • Sustainable mining operation with moderate complexity
  • Limited capital required to establish production and significant valuation uplift potential
  • Solid project economics featuring high operating margins, limited volatility, and payback of pre-production investment in less than four years
  • Further upside in prices, yield, in-field resource upgrades and near-field resource additions
  • Outsourcing mining and mass logistics to reduce pre-production capital expenditure, reduce risk and improve operational feasibility
  • Experienced management team with significant ownership and strong shareholder incentives reduces time and funding required to complete the development phase