Wellgreen Project Preliminary Economic Assessment ... - OTCIQ.com

Table 22.4 Summary of Pre-tax Financial Results and Inputs
Item Unit Value
NPV (8%) US$ million 2,396
IRR % 32
Payback Years 4.88
Gross Revenue US$ million 33,240
Smelting & Refining Cost US$ million 8,310
Net Revenue US$ million 24,930
Operating Cost US$ million 12,056
Operating Margin US$ million 12,874
Capital Cost US$ million 1,985
Closure Cost US$ million 61
Pre-tax Cash Flow US$ million 10,828
The LOM average cost per pound of nickel (C1) is US$2.59 when byproduct credits
for copper, PGMs, and gold are applied.
A breakdown of the gross revenue by metal is shown in Table 22.5.
Table 22.5 Gross Revenue Breakdown by Metal
Gross Revenue
(US$ million) %
Nickel 16,716.7 50.29
Copper 7,178.9 21.60
PGMs + Gold 9,344.4 28.11
Total 33,240.0 100.00
The annual undiscounted pre-tax cash flow is illustrated in Figure 22.1.
Prophecy Platinum Corp. 22-5 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada