The Adriatic Metals company published a video showing the progress of the project in Vares, which should bring the owners more than a billion dollars.
Construction of the infrastructure, including the ore processing plant, is nearing completion, and the company plans to start mining and processing ore from Vares at the end of this year.
To recall, in the documents of this company that were published earlier, the estimate of the net present value (NPV) of the project, after taxes, is stated at one billion and 62 million dollars. According to current currency values, it is almost two billion BAM.
It is the amount that foreign investors expect to receive as net profit.
The money will start coming to them already this year. The earnings will be extended over the next 15 years, with the largest portion arriving by 2030.
The average annual rate of return on capital is 134 percent, and the company’s capital investment in this project is 168 million dollars, Biznis Info reports.
E.Dz.
