It has the below Citronen - this is the pick of my bunch. Mining Lisc due any day now. 10 years of work behind it with close to $80 Million aussie spent to get it to this stage. ($27 Million for the project and $53 million on feasibility and Mining Lisc application process). The sheer size of the project being world class. It's a Cracker!
Citronen Project’s Feasibility Study
In April 2013, Ironbark was pleased to release the results of the Citronen Project’s Feasibility Report, which confirmed the Citronen Project as a globally significant lead-zinc project. Highlights of the Feasibility Report included:
NPV: US$609 Million (US$354M post tax)
IRR: 32.0% (22.2% post tax)
Equity Return: 37.9% (Geared NPV after tax)
Capital Cost: US$429.3 Million inc contingency (US$484.8M with First Fills)
Operating Cost: US$0.59/lb Zn (Payable, Net of by-product credits, Years 1-5, Smelter fees additional US$0.12/lb Zn)