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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.

Kate Haycock
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. Bumping...

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