ASX-listed Carpentaria Exploration has delivered an attractive development case of its Hawsons iron-ore project, in New South Wales, with the release of the results of a prefeasibility study, MD Quentin Hill said on Friday.
The PFS estimated that the 10-million-tonne-a-year operation would have a post-tax net present value of $867-million and an internal rate of return of 17.8%.
