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Thunderbird's 'extraordinary' numbers revealed

BRUCE McFadzean and the Sheffield Resources team are now on the financing trail for the "extraordinary" 42-year Thunderbird mineral sands project in Western Australia that'll cost in the order of $A350 million to develop.

Michael Quinn
Thunderbird's 'extraordinary' numbers revealed

In a bankable feasibility study that appeared broadly in line with expectations, Sheffield pointed to average annual earnings (on an EBITDA-basis) of $123 million, an NPV of $676 million and an IRR of...

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