Elementos Ltd (ASX:ELT, OTC:ELTLF)'s Joe David speaks with Proactive soon after announcing they've completed an optimisation study for the Oropesa tin project that outlines material increases in scale and economics for the project. The study highlighted a 1.25 million tonnes per annum run-of-mine rate capable of producing 3,350 tonnes of contained tin per year. It used a base-case tin price of US$32,500 per tonne – a notable discount from the current price of US$42,901
Elementos says optimisation study on Oropesa tin project reveals pre-tax NPV of A$292 million