First Tin Plc (GB:1SN) has released an update.
First Tin Plc has announced the completion of the Definitive Feasibility Study for the Taronga Tin Project in Australia, revealing robust project economics with a low capital expenditure and high margin tin mine. The study projects a strong post-tax net present value and internal rate of return, with significant upside potential from both tin market prices and operational enhancements. The project stands to benefit from its strategic location, low operating costs, and potential for a long mine life, positioning it well within the lowest quartile of global production costs.
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