Austral likes the look of Lady Colleen's copper

AUSTRAL Resources has scoped a copper development scenario at Lady Colleen in Queensland that yields 44,000t of red metal and has a pre-tax IRR of about 38% over circa five years and “a pre-tax NPV of A$60 million – ranging from $15 million to $94 million with a median estimated value of $55 million”.

Austral likes the look of Lady Colleen's copper Austral likes the look of Lady Colleen's copper Austral likes the look of Lady Colleen's copper Austral likes the look of Lady Colleen's copper Austral likes the look of Lady Colleen's copper

Anthill, Qld

The scoping worked used a copper sales price of $12,000/t.

topics

loader