Australian Strategic Materials' Dave Woodall discusses an optimisation study for the Dubbo project, which has revealed a pre-tax NPV of A$2.361 billion and pre-tax IRR of 23.5%. The strong financial results, based on an initial ore reserve of just 18.9 million tonnes with considerable upside potential, also include an annual free cash flow of A$425 million.
Australian Strategic Materials welcomes results of optimisation study on Dubbo project