22
Nov
14:53
Poseidon Nickel releases positive Black Swan feasibility study
Poseidon Nickel says it has completed a positive feasibility study for its Black Swan nickel project in Western Australia, Kallanish reports.
The study shows that mining and processing 1.1 million tonnes/year of feed from the Black Swan deposit could deliver free cash flows of AUD 333m ($220.6m) with a pre-tax net present value of AUD 248m and an internal rate of return of 103% based on current nickel prices/. The pre-production capital budget would be AUD 50m, in…
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