Tuesday, September 17, 2013 2:06:25 PM
From Energizer Resources PEA dated February 26, 2013
The capital expenditure estimate is based on a +/- 25% cost accuracy and does not include any ancillary costs outside of actual production of possible investment in infrastructure related assets.Transportation cost (FOB port)$105.00 per tonne concentrate is a shipping term meaning seller bears freight charge from mine site to port.
The key to this puzzle is Sakoa. If they decide to power Molo, they will have to build an upgraded access road. The current roads in the area are classified by the government as All Terrain.
Not sure how it will all play out in the future, but the fact is that there are currently no usable roads in the area suitable for a mining operation.
Since DRA Minerals is involved with Sakoa and has an interest in Molo, their influence in the region is definitely a big plus.
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