(ASX:BSE) () chief financial officer Kevin Balloch updates Proactive on the company’s newly released definitive feasibility study (DFS) for the Toliara Mineral Sands Project in Madagascar.
The DFS outcomes closely align with those for the PFS released in March this year.
The latest study confirms a post-tax/pre-debt NPV of US$652 million and an average revenue to cost ratio of 3.15 over the initial 33-year mine life.
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