- Clear Growth Strategy to Increase Production & Lower Cash Costs
NAP’s mine offers production growth with a decreasing cash cost profile and expanding operating margins.
- Attractive PGM Investment Jurisdiction
NAP operates in a stable political landscape, with low geopolitical risk and moderate cost inflation compared to peers in South Africa and Russia.
- Significant Development & Exploration Upside
Excess mill and production shaft capacity, existing infrastructure & permits, gives NAP the potential to convert exploration success into production and cash flow on an accelerated timeline.
Updated LOM Plan Including Reserves and Resource
Current mine life extended to 2019 (proven and probable reserves only) and total R&R of 5.2M combined ounces an increase 24% above Jan. 2013 technical report.
Strong Senior Management Team with Track Report of Operational Success
Operational improvements at LDI implemented in 2013, continuing in 2014 with goal of achieving expanded productions and lower cost targets.