- Clear Growth Strategy to Increase Production & Lower Cash Costs
The LDI mine plan features production growth with a decreasing cash cost profile and expanding operating margins.
- Stable Operating 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
2015 Preliminary Economic Assessment report contemplates extending the LDI mine life to 2029 and resuming surface mining through the expansion of the existing pit and opportunistic processing of the surface low-grade stockpile and reclaimed tailings. Future mine expansion and development projects offer very low risk compared to peers.
Strong Senior Management Team with Track Report of Operational Success
Ongoing operational improvements at LDI with the goals of achieving expanded production, lowering operational costs and improving cash margins.