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Pantoro's Paul Cmrlec says award of EPC contract is major project milestone

Pantoro Ltd's (ASX:PNR) (FRA:RKN) Paul Cmrlec speaks to Proactive's Andrew Scott following the news they've awarded the engineering, procurement and construction (EPC) contract for the processing facility at the Norseman gold project to GR Engineering Services (ASX:GNG). The contract, worth about $57 million, includes the crushing circuit associated with the plant and will be awarded as a guaranteed maximum price contract.

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Price: 0.22 AUD

ASX:PNR
Market: ASX
Market Cap: $309.85 m
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Pantoro's Paul Cmrlec says Norseman DFS 'ticks all the boxes'

Pantoro Ltd's (ASX:PNR) Paul Cmrlec caught up with Proactive's Andrew Scott soon after publishing the definitive feasibility study (DFS) for phase one of the restart of operations at the Norseman Gold Project. Net present value (NPV) for this phase of the project is $384 million (pre-tax) with...

on 27/10/20

2 min read