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Equity Bottom-Up

<p>On 5 December, Pan African announced the results of the independent definitive feasibility study into its Elikhulu tailings project. Compared to its earlier pre-feasibility study, the capital cost of the project and throughput were ostensibly unchanged, while metallurgical recoveries and output were slightly higher and all-in sustaining costs lower (eg US$523/oz or ZAR243,817/kg vs US$650oz and ZAR300,000/kg previously).</p>

On 5 December, Pan African announced the results of the independent definitive feasibility study into its Elikhulu tailings project. Compared to its earlier pre-feasibility study, the capital cost of the project and throughput were ostensibly unchanged, while metallurgical recoveries and output were slightly higher and all-in sustaining costs lower (eg US$523/oz or ZAR243,817/kg vs US$650oz and ZAR300,000/kg previously).

Pan African Resources

The big one pounds ahead