Southern Palladium Ltd. (AU:SPD) has released an update.
Southern Palladium Ltd., a dual-listed PGM company, has unveiled promising prefeasibility study results for its Bengwenyama project in South Africa, showcasing a post-tax NPV of USD 1.059 billion and an impressive 28% IRR. The project, rich in palladium and rhodium, is expected to have a 29-year mine life with low cash costs, benefiting from existing infrastructure and proven mining technology. With environmental and community engagements underway, the company aims for a swift transition to financial investment decisions in 2025.
For further insights into AU:SPD stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
