Prospect 1 Only one site currently in full production Current sites delivers $ 0.3 million USD turnover per month Ave. Grade between 0.5 and 0.8 Ct 100 Tonnes Project assests $ 5m USD u2013 machinery and $1m fixed assets Prospect 2 Show More...
Prospect 1 Only one site currently in full production Current sites delivers $ 0.3 million USD turnover per month Ave. Grade between 0.5 and 0.8 Ct 100 Tonnes Project assests $ 5m USD u2013 machinery and $1m fixed assets Prospect 2 Existing Kimberlite Mine in Nothern Cape Mining Right valid for 20 more years Grade 16 c Production 12,000 Tonnes per month Remaining Life of Mine 33 years u2022 Prospect 3 u2022 Three underground Kimberlite operations: Operation 1 Located in The Free State LOM = 15 Years Grade = 30 c US$ ct = 140 Currently in operation Production per month = 10,000 tpm Operation 2 Located in The Northern Cape LOM = 27 Years Grade = 14 - 25 c US$ ct = 85 Currently under care and maintenance Production per month = 9,0000 tpm Operation 3 Located in The Free State LOM = 5 Years Grade = 33 c US$ ct = 150 Currently under care and maintenance Production per month = 9,500 tpm Purchase price for all six operations $ 20m USD Total initial capital expenditure for all six operations = $6m USD Expected profit from all six operations before tax $800m USD