With 15 million ounce reserves, it could sort the deficit out for 15 years or so.
Extra potential in wider area for 40 million ounce
1Moz a year would need a plan to mine 32 tons PGM a year…
Once built, it would yield EBITDA approx $2bn a year net profit assuming AISC of $325/Oz and Pd price around $2325/Oz
Using 5x average as mine life is 15 years, the mine would be worth about $10bn or £2.75 a share for Eurasia Mining when you take into account the 80% ownership
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