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Welcome to the latest HotCopper Watchlist interview, where we’ve spoken to Celsius Resources (ASX:CLA) executive director Neil Grimes about the definitive feasibility it just released for its flagship “MCB” Copper-Gold Project, which confirmed a long-life mine and some very impressive economic numbers.
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“The DFS for our MCB project has confirmed its technically robust and that it’s financially extremely viable,” Mr Grimes told The Market Link.
“Post-tax NPV is sitting at US$771 million, which is about $1.15 billion Aussie… and if you use today’s spot prices, that jumps up to about A$1.8B. Our upfront construction capex is about $276 million, and in addition to that, there’s capital to build the vertical haulage and conveyancing systems, paid from revenues.”
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