Panther Metals Ltd. (AU:PNT) has released an update.
Panther Metals Ltd has announced promising results from a scoping study for its Coglia Nickel-Cobalt Project, with a projected net present value (NPV) of A$409M and an internal rate of return (IRR) of 31.8%. The study indicates a low pre-production capital expenditure of A$376.9M for a project that could generate A$776.6M in cash flow over a 10-year mine life. The company plans to focus on its Laverton Gold Project in the coming quarter, alongside further detailed studies on the Coglia Project.
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