CAPITAL MARKETS

Better numbers for Matrix's White Range

MATRIX Metals has applied the latest copper price forward curve for its White Range copper project in Queensland, with the increased numbers significantly enhancing the projected economics of the project.

Michael Vaughan
Better numbers for Matrix's White Range

The new calculations sees earning (EBIT) rise from $A71 million to $A127 million; EBITDA rise from $A130 million to $A186 million; the NPV (8% discount) double from $A43 million to $A86 million; and the...

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