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How Anax Metals’ Whim Creek DFS Update Doubles Project Value
9:44am on Tuesday 24th of February, 2026 AEDT
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Mining
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How Anax Metals’ Whim Creek DFS Update Doubles Project Value
9:44am on Tuesday 24th of February, 2026 AEDT
Key Points
Pre-tax NPV of A$501 million and IRR of 98% based on forecast prices
Free cashflow forecast of A$723 million with rapid 14-month payback
10-year mine life producing copper, zinc, lead, silver, and gold concentrates
Development cost estimated at A$91 million with Anax’s share at A$76 million
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ANAX METALS (ASX:ANX)
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