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Dundee to sharpen pencil at Timok

Releases PEA for Serbian project, plans further optimisation

Staff reporter
Drilling at Dundee’s Timok project in Serbia

Drilling at Dundee’s Timok project in Serbia

President and CEO Rick Howes said the PEA had provided "a solid foundation". It outlined an initial capex of US$136 million, an after-tax NPV (5% discount) of $105 million and IRR of 18.6%, using a...

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