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Fort Cady DFS shows off $1.25B NPV, low-capex

ASX-listed American Pacific Borate & Lithium this week published a definitive feasibility study for its Fort Cady borates project in California, which estimated an NPV of US$1.25 billion based on peak production of 400,000 tonnes per annum of boric acid and 100,000tpa in by-product sulphate of potash.

Fort Cady DFS shows off $1.25B NPV, low-capex Fort Cady DFS shows off $1.25B NPV, low-capex Fort Cady DFS shows off $1.25B NPV, low-capex Fort Cady DFS shows off $1.25B NPV, low-capex Fort Cady DFS shows off $1.25B NPV, low-capex

The Fort Cady DFS presents a compelling case for providers of development finance

Crucially, the initial capital expenditure figure for the first phase of operations was just $138.2 million compared to expected EBITDA for the first full year in production of $321 million.

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