Post by pling on Mar 14, 2016 19:13:55 GMT
Selskapspresentasjon 6. mars 2016
Planlagte aktiviteter og kostnader første halvår 2016 (frem til start PFS) Engebø:
Planlagte aktiviteter og kostnader første halvår 2016 (frem til start PFS) Engebø:
| Activity | Further description | Cost estimate |
| Resource classification | • Core drilling approx. 6,500 meters in the open pit zone, drill core analysis, geotechnical assessments • Resource modeling and estimations in accordance with the JORC Code 2012 | USD 1,4 million |
| Process testwork and optimisation | • Further process tests and optimization of flowsheet • Target: Increased rutile recovery and define cost-effective process solutions • Reduce or avoid flotation? | USD 2.0 million |
| Engineering and cost review | • Pre-engineering • Updated estimates for Capex/Opex | USD 0.5 million |
| Supply of process water and hydropower | • Assessment of alternatives • Applications with supporting documentation | USD 0.6 million |
| Technical advisor and PFS coordination | • Assessment of candidates ongoing | USD 1.5 million |
| Project management and overhead | • Lean project team; project leader and 2– 3 key persons • General corporate overhead | USD 3.4 million |
| Contingency | • Approximately 10% | USD 0.9 million |
| Total | USD 10.3 million |