Discovery moves Botswana copper play to next level

DISCOVERY Metals has crunched the numbers on its Botswana copper project and come up with a 23,500 tonne per annum copper operation with a net present value of $US115 million ($A118.7 million) at a price of $2.38 per pound.

Discovery moves Botswana copper play to next level Discovery moves Botswana copper play to next level Discovery moves Botswana copper play to next level Discovery moves Botswana copper play to next level Discovery moves Botswana copper play to next level

The Brisbane-based company said today that its base-case scenario for the project would have it generating an internal rate of return of 23% with an after-tax net present value of $115 million.

loader