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Economic Highlights |
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Orca : Economic Highlights |
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AMEC of Vancouver, British Columbia, produced an NI 43-101 Technical Report (17.3 MB Acrobat file) for the Orca Project which examined and evaluated the environmental, technical, and economic feasibility of the Orca Quarry, including the related Richmond Terminal, shipping, discharge, and sales of products. AMEC also examined the construction aggregates markets in California, the Company's targeted markets in the coastal urban centres of California, and the Company's sales projections.
Certain information relating to the shipping and sale of the Orca Quarry's construction aggregates is confidential and cannot be disclosed for competitive reasons.
Summary of Economics (US$ millions)
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| Development and initial working capital for the Orca Quarry |
55.6 |
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| Development and initial working capital for the Richmond Terminal |
38.9 |
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| Total |
94.5 |
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| Equity raised during IPO (Net) |
74.0 |
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| Debt Facility |
31.0 |
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| IRR - % |
23.8 |
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| NPV at 10.0% |
107.7 |
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| PAYBACK - years |
5.6 |
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