BANKABLE FEASIBILITY STUDY FOR THE AUSTRALIAN …
robust processing flowsheets, de-risking the Project towards funding and delivery. • Pre-tax NPV 7.5 of A$833M and equity IRR 20.6% based on US$10.50/lb V 2 O 5 price, A$604M upfront pre-production capital excluding contingency. • Updated Ore Reserve of 30.9Mt at 1.09% V 2 O 5 comprised of a Proved Reserve of 10.5Mt at 1.11% V 2 O 5