Join our daily newsletter At The Bell to receive exclusive market insights
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.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Disclaimer: This content has been prepared as part of an ongoing partnership with Celsius Resources Ltd and is intended for informational purposes only.
“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.”
You can watch the full CLA interview in the browser above.
Join the discussion. See what HotCopper users are saying about Celsius Resources Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
