MCB Definitive Feasibility Study confirms stronger economics

The recent release of our company's Definitive Feasibility Study for the MCB Project shows strong results. With robust economics and a strong resource base, we have confirmed a pre-tax NPV (8%) of US$1.3 billion (A $1.98B) at an IRR of 31% and post-tax NPV (8%) of US$771 million at an IRR of 24%. These figures are based on conservative copper and gold prices for the first nine years, but are even more favourable at current spot prices.

Our large-scale resource base supports a 35-year mine life, with early high-grade production driving strong cash flow. The mining strategy in place is established and scalable, providing a solid foundation for future operations.

We invite investors to review the full study and ask any questions they may have. We are excited about the possibilities that lie ahead. Thank you for your continued support.